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US President Donald Trump imposed 50% tariffs on most Canadian goods, saying Canada unfairly discriminated against American automobiles, alcohol and dairy products. The White House said the duties will affect products including wine, hockey sticks and cement, while excluding energy, fish, critical minerals and potash. Prime Minister Mark Carney said Canada remains ready for talks.

US President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada had unfairly discriminated against American automobiles, alcohol and dairy products. Trump is poised to impose fresh tariffs on dozens of countries, including India, as soon as this week, the Financial Times reported on Tuesday, with his temporary 10% global tariff scheduled to expire on Friday.

The Financial Times said the most immediate new duties are expected to be on a par with the 10% tariffs currently in place. However, the administration is also working on other investigations that could provide the legal authority to impose higher duties.

US Trade Representative Jamieson Greer, in an interview with The New York Times, said the US tariff policy had been "wildly successful" and that the Trump administration was planning new measures to replace those struck down by the Supreme Court.

Greer said the administration had changed 70 years of US trade policy within the past year and that the new measures had reduced the trade deficit while encouraging businesses to reshore manufacturing. “They are. Yeah. I think we've been wildly successful,” Greer said when asked whether the tariff regime was delivering results.