Skip to main content

Featured

12 Days to the Tariff Deadline: What August 19 Actually Means for Your Wallet

  Published August 7, 2026 Trade Minister Dominic LeBlanc is back in Washington, Mark Carney says his tone is "quite firm," and the clock is running out on a deal. Here's what's actually on the line — and why it matters even if you've never shipped a case of wine across the border. The countdown: At 12:01 a.m. ET on August 19, new 50% U.S. tariffs are scheduled to hit roughly $20 billion worth of Canadian exports — with or without a deal. What's actually happening on August 19 On July 20, President Trump signed three separate proclamations under Section 338 of the Tariff Act of 1930 — a Depression-era provision that had never been used this way before. Each proclamation targets a different Canadian sector the U.S. says is treated unfairly: motor vehicles, alcoholic beverages, and dairy. Every covered good gets hit with an additional 50% tariff the moment it crosses into the U.S. The headline categories get the attention, but the actual product lists — buried ...

article

Trump Administration Announces Tariffs on Canada, Mexico, and China Starting Saturday


The White House has confirmed that President Donald Trump will impose tariffs on imports from Canada, Mexico, and China starting this Saturday. According to White House Press Secretary Karoline Leavitt, the tariffs will be 25% on imports from Canada and Mexico, and 10% on goods from China.

The decision follows through on Trump's earlier threats aimed at pressuring these countries to halt the flow of migrants and fentanyl across their borders. Despite concerns about potential price increases for U.S. consumers, Leavitt emphasized that these measures are part of the administration's commitment to "promises made and promises kept".

The tariffs are set to take effect without any exemptions, raising questions about their impact on the economy and trade relations. The administration remains firm on its stance, with Leavitt stating that the President is determined to implement these tariffs while addressing inflation and costs for Americans.




Comments