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New U.S. tariffs on Canadian goods unlikely to change trade conditions

Published: 29 July 2026

Amid renewed trade tensions between the U.S. and Canada, 91˿Ƶ Desautels assistant professor Preetika Joshi says the latest 10 per cent tariffs on Canadian goods are unlikely to change conditions for businesses or consumers.

Joshi notes that the measures replace tariffs introduced in February and continue to exempt goods covered by the Canada-United States-Mexico Agreement.

While the tariffs are framed as an effort to combat forced labour, she argues that the announcement is largely a legal manoeuvre to keep existing duties in place. “It’s for the cameras,” Joshi explains, advising Canadian businesses to monitor developments and adopt a patient, long-term approach.

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