The David Lin Report · Thursday, September 17, 2026
In late August, the US imposed 50% tariffs on approximately $20 billion of Canadian imports. Canada retaliated with tariffs of 15%, 25%, and 50% on about $20 billion worth of American imports.
“Late August, we had a situation where the US imposed 50% tariffs on roughly $20 billion worth of Canadian imports. The Canadians retaliated, a couple of days later, tit for tat with 15, 25, and 50% tariffs on about $20 billion worth of American imports.”