Canada just hit U.S. goods with steep new tariffs—20% to 50% on $27 billion worth of imports including steel, dairy, electronics, and lumber—as retaliation for recent U.S. tariff hikes. The move, which took effect overnight, has stalled trade talks as Canada rejects U.S. demands for more control over future deals, fearing harm to key industries. Businesses relying on Canadian materials, like Issaquah Lumber, are reeling from unpredictable costs and supply chains, forcing homebuilders to delay projects. Uncertainty is the real cost: even temporary tariffs can ripple for years, pushing prices up and straining both businesses and consumers. Washington State’s governor is now stepping in, meeting with Canada’s ambassador to mitigate damage to local exporters, who shipped over $4 billion to Canada in just six months.
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