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'Surprisingly big deal': Economist on Trump's new 50% Canada tariffs
Posted
July 21, 2026
Views
237,594
Likes
2,507
Comments
2,993
Engagement
2.31%
July 21, 2026
237,594
2,507
2,993
2.31%
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9:06Now PlayingPresident Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners.
The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has levied against any country.
CNN's Phil Mattingly speaks with University of Michigan economics professor Justin Wolfers about the potential ripple effects of Trump's new Canada tariffs. Also, CNN's David Goldman has the details on the tariffs, and CNN's Sara Sidner discusses the issue with the Newsnight panel.
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#Trump #Canada #News
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