Canada strikes back in the trade war

Canada strikes back in the trade war

September 8, 2026 · 7 min

About this episode

The episode discusses Canada's tariffs on U.S. imports as a response to the trade war and explores the economic implications of financially supporting parents.

Tariffs on about $20 billion worth of U.S. imports to Canada are officially in effect today. The import duties are Canada’s response to tariffs imposed by the Trump administration last month and a sign that the renewed trade war with the United States’ second-largest trading partner is nowhere near an end. This morning, we explain Canada's tariffs, put them into context, and discuss their market impacts. Also: the long-term effects of financially supporting your parents. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter . Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Stories covered in this episode: How providing financial support to your parents impacts wealth-building

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