US-Canada diplomatic agreement to lower tariffsAugust 31
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15 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Canada to impose retaliatory tariffs of between 15% and 50% on approximately $20 billion worth of US products The US imposed a 50% tariff on approximately $20 billion worth of Canadian goods Canada announced it will take retaliatory steps. These new tariffs will be applied from September 8th, matching the relevant US rates.
Canada will impose retaliatory tariffs of 15%, 25%, and 50% on 27.6 billion Canadian dollars (approximately 20 billion US dollars) worth of US imports, effective September 8. #teleSUR #Canada #Tariffs #Aug25
The trade war is on: Canada announces new tariffs on $20 billion of imports from the United States. • • The tariffs have rates of 15%, 25% and 50%, matching the corresponding US tariff on each product. •
Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.
Trump has confirmed the introduction of 50% tariffs on all types of cars, spare parts and steel from Canada starting January 1, 2027. According to him, the reason for the introduction of tariffs is the "high tariffs" on agricultural products from the United States in Canada. This allegedly created a $60 billion trade deficit between Canada and the United States in favor of the latter.
The Canadian dollar fell 0.58% against the US dollar after trade talks between Ottawa and Washington collapsed. The United States imposed tariffs of 50% on nearly $20 billion worth of Canadian imports on Saturday, targeting the US's second-largest trading partner after Mexico. Affected goods include dairy products, lumber, furniture, cement, ceramics, and a wide range of other products. President Donald Trump also announced that US tariffs on all Canadian cars, trucks, auto parts, and steel would be doubled to 50% starting January 1, 2027. #Arabic_Business
The United States will raise tariffs to 50% on cars, auto parts, and steel from Canada starting January 1, 2027, President Donald Trump said. "If it's made in the United States, there will be no tariffs. Canada will no longer be treated as a state!" Trump said on the Truth Social social network. He emphasized that Canada "in trade and in many other ways is one of the worst countries in the world to work with." Trump added that Canada maintains "outrageously high tariffs" on products from American farmers. Trump's statement comes amid the breakdown of US-Canada trade talks. The White House Max | Telegram | Newsletter | iOS App | Android
The United States will impose a 50% tariff on all cars, trucks, auto parts, and steel from Canada starting January 1, 2027. Donald Trump announced this on the social network Truth Social. However, if production takes place in the United States, then "no tariffs," the American president noted. "Canada has been screwing the United States of America for years. Their ridiculously high tariffs on our farmers and agricultural products have made life miserable for these great American patriots and have long since created a $60 billion deficit between our countries. Canada will no longer be treated as a state! In trade and in many other ways, they are also one of the worst countries in the world to work with. They think they have a right to demand things, and yet, we don't need Canada, they need us!" — Trump wrote. RBC channel on "Max" RBC app for iOS and Android
The United States will increase tariffs to 50% on automobiles, auto parts, and steel from Canada starting January 1, 2027, Donald Trump announced on the Truth Social social network. Subscribe to Kommersant in MAX | in Telegram [in reply to: A new round of trade conflict between Washington and Ottawa threatens Canadian manufacturers and calls into question the future of the North American agreement USMCA, which is important for the economies of the United States, Canada and Mexico. The United States and Canada at the last minute failed to conclude a trade deal, which it seemed had almost been agreed upon, after which the Trump administration imposed tariffs on the import of a number of Canadian goods worth a total of about $20 billion. The measures introduced by the United States provide for 50-percent duties on a wide variety of goods from Canada, in particular, hockey equipment, dairy and chemical products, building materials, wine, furniture, clothing. The list also includes frame pools and even wooden medical spatulas for examining the throat. Ottawa promised to respond with mirror measures from September 8 - “dollar for dollar." Read more in the Kommersant article. Carlos Barria / Reuters Subscribe to Kommersant on MAX | on Telegram]
TRUMP: -Canada has been fleecing the United States for years. -This is not sustainable and IT WILL NOT CONTINUE LIKE THIS ANYMORE! -As of January 1, 2027, tariffs on all cars, trucks, automotive parts, and steel, large and small, will be increased to 50%. -WE DON'T NEED CANADA, THEY NEED US!
Donald Trump wrote on Truth Social: "Canada has been taking advantage of the United States for years, and its high tariffs on American agricultural products have created a $60 billion deficit between the two countries." He announced that tariffs on imports of cars, trucks, auto parts, and steel from Canada would increase to 50 percent from January 1, 2027.
The United States will increase tariffs on automobiles, auto parts, and steel from Canada to 50% effective January 1, 2027. This was announced by American President Donald Trump. He also noted that there will be "no tariffs" for those producing in the United States. More IZ RU news in MAX
TRUMP SAYS 50% TARIFFS ON CANADIAN CARS, TRUCKS, AUTO PARTS AND STEEL FROM JANUARY 1 • • Trump: "On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS." • • He says Canadian tariffs on US farm products have "created a 60 Billion Dollar Deficit between our two Countries," adds that "Canada will be treated like a State no longer," and closes: "WE DON'T NEED CANADA, THEY NEED US! They do 95% of their business with the U.S., with us, the exact opposite!" • • The announcement follows Saturday's 50% tariffs on roughly $20B of Canadian goods under Section 338 of the Tariff Act of 1930, imposed after talks collapsed Friday. Carney said Canada will retaliate "dollar for dollar" beginning September 8, targeting steel, dairy, agricultural equipment and pulp and paper. • • USMCA was not renewed in July. $GM $F
Negotiations broke down at the last minute, causing a sharp deterioration in US-Canada relations. The two neighbors trade nearly $900 billion annually, and the dispute now not only risks escalating into a full-blown trade war but also raises renewed doubts about the future of the USMCA (United States-Mexico-Canada Agreement).
Following the breakdown of trade negotiations between the US and Canada, new US tariffs on billions of dollars worth of Canadian goods took effect last Saturday. Canada has stated its intention to impose retaliatory tariffs starting September 8th. Which goods will be subject to the new US tariffs? This article provides information on these new tariffs.
Where does the news lean?
0YES16NO0neutraltrailing 24h
Average match confidence across the listed signals: 92%.
What would make this resolve YES?
This market will resolve to “Yes” if a diplomatic agreement between the United States and Canada to lower US tariffs on Canada is announced by August 31, 2026, 11:59 PM ET.
A diplomatic agreement to lower US tariffs on Canada refers to an official agreement, treaty, deal, or substantially similar diplomatic instrument that commits or obligates the United States to lower any tariffs on Canada, or includes the lowering of US tariffs on Canada as part of its stated terms.
Any reduction, revocation, or suspension of US tariffs on Canada, or the cancelled or suspended implementation of previously announced tariffs not yet effective, mutually announced as part of a diplomatic agreement, will qualify as lowering tariffs.
All listed countries must announce their acceptance of the same qualifying diplomatic agreement. A joint announcement will qualify, as will separate announcements from each entity of its own acceptance of an agreement which, taken together, directly indicate that all the listed countries accepted the same agreement. Separate announcements of individual policies will not qualify if the policies are not announced as part of a diplomatic agreement.
Each announcement must be a declarative statement that clearly and unambiguously communicates acceptance of an agreement. Statements that reference ongoing negotiations or a prospective agreement, or that allude to or express support for an agreement without confirming acceptance of the agreement, do not qualify. A qualifying announcement need not reference the agreement by name or use specific terminology, provided it clearly communicates acceptance of an agreement.
Whether announcements from the listed countries represent a diplomatic agreement and whether such an agreement qualifies will be primarily determined through the announcements themselves. Where an announcement is made by all listed countries but, based on the announcements, it remains ambiguous whether the announcements represent a qualifying diplomatic agreement between the countries or whether the agreement qualifies, this market will remain open until either i) definitive confirmation that the announcements represent a qualifying diplomatic agreement between the listed entities is achieved through further announcements from the listed countries or a consensus of credible reporting or ii) 14 calendar days (ET) have passed after the date that the last country made their first potentially qualifying announcement. If this period would extend past the end date, this market will remain open to allow for 14 full calendar days to pass. If, at the end of the fourteenth calendar day, no definitive confirmation has been achieved, the announcements will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information.
The resolution sources for this market will be official information from the governments of the United States and Canada and a consensus of credible reporting.
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