US-Canada Tariff Escalation: Powerful Impact on Trade and Consumers in 2026
US-Canada Tariff Escalation: What the New Duties Mean for Trade and Consumers The US-Canada tariff escalation has ratcheted up trade tensions between the two neighbors. Canada’s retaliatory tariffs on roughly $20 billion worth of U.S. goods took effect in early September 2026, arriving alongside a separate dispute over aircraft manufacturer Bombardier’s access to the U.S….