







The U.S. import taxes will apply to hockey sticks, building materials, liquors and certain kinds of clothing. Carney said “Canada will match those tariffs dollar for dollar.”
U.S. and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.

Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens
Duties on U.S. steel and aluminum products have doubled to 50% as a war of words between Washington and Ottawa continues.

Move fast and break kings
There is another policy response to tariffs, one that will substantially lower prices for Canadians, while incubating profitable, export-oriented Canadian tech firms, whose products can be sold by community-based small and medium enterprises, to the benefit of the Canadian news and culture industry, Canadian software firms, and Canadian consumers.

The bazooka diplomacy of Trump’s tariffs
President Trump’s recent pronouncements on tariffs have received considerable attention from analysts, policymakers, and commentators. This column takes a step back and considers some of the broader arguments for raising tariffs – revenue, restriction, and reciprocity – and the potential repercussions. Even if Trump does not proceed with (all of) the announced tariffs, the increased uncertainty is likely to put off firms from trading with or from the US, lowering US exports and imports beyond the imposition of higher tariffs. In the longer term, we can expect a gradual decoupling of trade between the US and other countries.

'Buy Canadian': Meet the Consumers Boycotting American Products as Trade Rift Widens
Canadian Prime Minister Mark Carney has championed the "Buy Canadian" movement, saying the power lies in "decisions taken at the kitchen table, not the boardroom table." Canadians are responding en masse, embracing patriotic shopping, even with the challenges it can present.

Will Canada’s gas tax holiday drive up emissions and help the rich? | The Narwhal
The Carney government is keeping its tax off at gas pumps to help with the cost of living, but critics call it a subsidy for the oil and gas industry that won’t help those who need it most

Trump’s tariffs: Disregarding lessons from history and scenarios and probable outcomes
History is full of evidence that tariffs harm economic performance. This column assesses the two waves of globalisation in modern history and how they were interrupted by barriers to trade. The first wave started in the mid-19th century and lasted until WWI, while the second wave started after WWII and lasted until the Global Crisis of 2008-09. The most likely scenario going forward will feature tariffs around 12-14% on average, a mild recession, and a small hit to US longer-run potential. However, achieving diplomatic normalcy may take years of good US behaviour, and it is unlikely during the Trump administration.

Thoughts on the Trump Tariffs - Conversable Economist
It will take some time for the effects of President Trump's "Liberation Day" announcement of higher US tariffs to become apparent. Here, I'll just offer some notes and quick reactions. 1) The announced tariffs represent a very large increase. Here's a figure showing historical US tariff rates. You will notice that the average rates have

Do Import Tariffs Protect U.S. Firms?
The authors find a swath of firms suffering valuation losses on tariff-announcement days and a link between those losses and the firms' future performance.

Gander: The Social Media You Want, Built for Canada
427 votes, 81 comments. 372K subscribers in the BuyCanadian community. Welcome to r/BuyCanadian! Come on in and share your favorite hidden gems, major Canadian chains, and local goodies. Help fellow Canadians find Canadian alternatives to imported goods—and maybe discover something new yourself! This subreddit is about supporting Canadian businesses, not boycotting U.S. products or debating politics. We're here to highlight what Canada has to offer, not to argue about trade wars or nationalism. Check out our sidebar and guidelines to learn more.
annotations: Des droits de douane sur toutes les importations américaines provoqueraient un chaos pour les entreprises
Traduction du billet de blog "Tariffs on all imports would create chaos for business" de Wendy Edelberg & Maurice Obstfeld (PIIE)
Prime Minister Carney announces the largest clean energy investment in North American history
Canada is starting from a position of strength. We have what the world wants.

Ce sont les consommateurs américains, non les étrangers, qui payent les droits de douane de Trump
traduction française du billet de blog "How goes the trade war? Consumers, not foreigners, are paying the Trump tariffs" de Paul Krugman

Carbon Tariffs 101
We evaluate the economic and environmental consequences of taxes on imported goods based on their carbon content. The analysis uses the simplest possible partial equilibrium framework, with one small open economy and a global pollution externality. It relies on graphs of supply and demand, rather than equations or formulas, hoping to reach readers familiar with basic economics. Despite its simplicity, the framework imparts numerous lessons. (1) Absent a domestic price on carbon, a carbon tariff imposes the same costs on domestic consumers as a domestic carbon price, but a carbon tariff also subsidizes domestic pollution. (2) If one small country imposes a carbon tariff, with or without a domestic carbon tax, the economic incidence of the tariff falls on its consumers. (3) If a holdout country joins the rest of the world by enacting its own carbon regulation and consequently imports more from other countries, those increased imports are not “leakage.” They are the cessation of leakage from when the holdout country’s policy was lax. And (4) if other countries do not appropriately regulate emissions, no single small country can use a combination of carbon taxes and carbon tariffs to fully correct the problem caused by its consumers or producers.

Pluralistic: How Canada can help Americans and defeat America (23 Aug 2026) – Pluralistic: Daily links from Cory Doctorow
As Canada is learning (the hard way), the "art" of all of Trump's deals can be summed up in a single word: "renege":
