Why Trump Is Hitting Canada With 50% Tariffs

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Why Trump Is Hitting Canada With 50% Tariffs On August 19, the U.S. will begin to levy 50% tariffs on Canadian exports of cars, dairy, alcohol among other products. The White House said these higher tariff rates come in response to Canada’s discriminatory treatment of U.S. products. The move also coincides with ongoing USMCA trade negotiations and a broader effort to rebuild Trump's global tariff regime previously struck down by the U.S. Supreme Court. CNBC's Megan Cassella reports. Reporter: Megan Cassella Produced, Shot and Edited by: Carlos Waters Produced by: Ashlee Trujillo Additional Editing: Andrea Miller Animation: Emily Park Senior Managing Producer: Shawn Baldwin Additional Footage: Getty Images » Subscribe to CNBC: » Subscribe to CNBC TV: About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Instagram: Follow CNBC News on Facebook: Follow CNBC on Threads: Follow CNBC News on X: Follow CNBC on WhatsApp: #CNBC Why Trump Is Hitting Canada Wit
  2026/08/12      youtube
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