919 stories · Page 12 of 92
On 24 Aug 2026, Canada confirmed it will publish a new retaliatory-tariff list on 25 Aug after President Trump warned he will slap 50 % duties on Canadian vehicles, parts and steel starting 1 Jan 2027, escalating the trade standoff that began when Ottawa walked away from talks last Friday.
On 24 Aug 2026, hours after trade talks collapsed, Washington activated 50 % duties on roughly US$20 billion in Canadian exports and warned that all Canadian vehicles and parts will face the same 50 % levy on 1 Jan 2027, prompting Ottawa to pledge equal counter-tariffs by 8 Sep 2026.
Hours after three days of trade talks collapsed on 21-22 Aug 2026, Washington activated 50 % duties on roughly US$20 billion of Canadian goods, and Prime Minister Mark Carney vowed to mirror the hit with matching tariffs that will start on 8 Sep 2026.
On 23–24 Aug 2026, China’s market regulator mandated nine EV makers—including Tesla—to recall about 4.27 million cars after inspections showed their flush electronic door handles and interior backups are too hard to locate or operate when battery power is lost.
Shein’s Hong Kong prospectus on 24 Aug reveals it will float 280 M shares on 1 Sep at HK$47.60–49.50, raising up to US$1.77 B at a US$27 B valuation—while committing US$3.5 B in cash and bonus shares to late-stage backers hurt by the 70 % valuation collapse.
Hours before a 50 % levy was to start on August 19 2026, Washington granted a three-day reprieve—moving the tariff trigger to 12:01 a.m. ET August 22—after Ottawa and the White House said a tentative trade deal was within reach.
Overnight on 23 Aug 2026, the U.S. activated 50 % duties on about US$20 bn of Canadian goods after last-minute trade talks collapsed, prompting Prime Minister Mark Carney to announce dollar-for-dollar retaliatory tariffs beginning 8 Sept.
On 21 Aug 2026 Tesla stock jumped ~4% after Nevada cleared its steering-wheel-free Cybercab for Las Vegas service and a Europe Semi launch was scheduled, despite the same news cycle confirming a U.S. court-upheld $243 million Autopilot crash judgment and a 2.98 million-car safety recall in China.
When eleventh-hour talks imploded on 22 Aug 2026, Washington activated 50 % duties on roughly US$20 billion of Canadian goods and Ottawa froze negotiations, pledging mirror retaliation.
The White House said it will waive “out-of-quota” duties for three months on extra ground-beef imports, aiming to sell the meat 25 % below U.S. market prices ahead of the 2026 midterms.
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