New analysis of trade data breaks down the 2025 tariff exchange between Washington and Ottawa into three measurable pieces: duties U.S. importers have actually paid on Canadian goods, Canada's retaliatory tariffs on American exports, and a modeled estimate of how much of that cost gets passed on to American households through higher prices. The household figure is explicitly flagged as an estimate rather than a hard count, since no government dataset tracks how much of a tariff businesses pass on versus absorb.
thetariffcost.com
· 2026-08-26
Canada confirmed a new round of tariffs matching Washington's 50% duties, covering more than 700 American products worth roughly $20 billion, set to take effect September 8. The move follows the collapse of trade talks last week, with both governments blaming each other for last-minute demands. Ottawa specifically doubled its tariff on U.S. steel and aluminum to 50% in direct response to similar U.S. levies.
cnbc.com
· 2026-08-26
CNBC reported that the U.S. Treasury Department is considering tapping its roughly $950 billion General Account to help finance its bond buyback program. Senior Treasury officials did not specify how much of that fund would be used but confirmed it remains an option after Secretary Scott Bessent unexpectedly expanded the buyback effort last week. Treasury yields fell following the report.
cnbc.com
· 2026-08-24
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