• Trump imposed a 50% tariff on $20 billion of Canadian goods, covering wine, furniture, dairy, steel and aluminum.
• He threatened an additional 50% tariff on Canadian automobiles, auto parts and steel effective Jan. 1, 2027.
• Canada announced counter‑tariffs on about $20 billion of U.S. products with rates of 15%, 25% and 50% on roughly 700 items.
• Canada also unveiled a $7.5 billion aid package for workers and businesses hit by the U.S. tariffs.
• Trump lifted tariffs on up to 300,000 metric tons of Argentine ground beef for 90 days, allowing imports at 25% below market price.
• Republican senators from border states publicly opposed the beef tariff lift, saying it harms U.S. ranchers.
• Ontario Premier Doug Ford warned that Canada could restrict electricity and critical mineral exports to the United States.