The US Canada trade war 2026 has entered a more serious phase after Canada imposed new retaliatory tariffs on about $19.9 billion worth of American goods. The measures took effect on September 8 and target products including steel, dairy, appliances, agricultural equipment, electronics and other manufactured goods. The tariffs range from 15% to 50%, depending…
Canada has avoided a major new trade shock, but only for three days. President Donald Trump has paused planned 50% tariffs on about $20 billion worth of Canadian goods, hours before the duties were due to take effect. Trump said the United States and Canada had reached a deal, but the agreement still depends on…
A new wave of U.S. import tariffs officially took effect on Friday, July 24, replacing the temporary 10% global tariff that had been in place since February and marking a significant shift in the Trump administration’s trade policy. The new measures impose tariffs ranging from 10% to 12.5% on imports from 60 trading partners, covering…
The United States has imposed a 12.5% tariff on most imports from Nigeria, citing concerns over the country’s enforcement against goods linked to forced labour. Nigeria is among 60 trading partners affected by the latest trade measures announced by the Trump administration. According to US officials, the new tariffs are part of a broader effort…
U.S. President Donald Trump has threatened to impose higher tariffs on Canadian goods, blaming Canada for the thick wildfire smoke that has drifted into several major American cities and raised concerns ahead of the 2026 FIFA World Cup. In a post on Truth Social, Trump accused Canada of failing to properly manage its forests, describing…
The Federal Government has unveiled fresh economic measures aimed at stabilising Nigeria’s financial system and easing the cost of imports, with the Central Bank of Nigeria (CBN) set to aggressively withdraw excess market liquidity while the Nigeria Customs Service confirms lower import tariffs on vehicles. The CBN plans to raise between ₦1.35 trillion and ₦2…
