US, Canada Fail to Reach Trade Deal; 50 Percent Tariffs Take Effect

By Matthew Horwood
Matthew Horwood
Matthew Horwood
Matthew Horwood is a reporter based in Ottawa.
August 22, 2026Updated: August 22, 2026

U.S. Trade Representative Jamieson Greer said on Aug. 21 that new tariffs on Canadian imports will take effect as the two nations have failed to reach a trade deal.

“Tonight, Canada declined to finalize the trade deal under the terms agreed earlier this week,” Greer said in a statement.

This is a breaking story and will be updated.