Canada sets tariffs of up to 50% on U.S. steel and other goods after talks fail

Canada imposed tariffs of 15% to 50% on hundreds of products from the U.S. on Tuesday, as Canadian Prime Minister Mark Carney bets that standing up to U.S. President Donald Trump will eventually help Ottawa’s negotiating position with its biggest trading partner. Carney’s government increased the import tax on many U.S. steel items from 25% to 50%, and applied tariffs to a range of consumer goods — motorcycles, cosmetics, cheese and more — at 12:01 a.m.

The measure will hit U.S. exporters particularly hard in states such as Michigan and Ohio that do a lot business with Canada and host heated races in November’s midterm elections.