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In North America on 22 August 2026, the United States and Canada failed to reach a tariff deal, and the trade war deepened. Canada walked away from the talks and said it is 'at war', according to the Sydney Morning Herald. Bloomberg and ABC News reported that Canada will impose retaliatory dollar-for-dollar tariffs on the US.
Le Figaro reported that no last-minute agreement was reached and US surtaxes came into force. Handelsblatt carried the quote 'We were attacked' in its report on Canada's counter-tariffs.
by WorldBrief & Maksim Micheliov | AI-generated summary
The ongoing tensions this event is part of.
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