The latest U.S. tariffs show why waiting may be Canada’s strongest bargaining tool A new series of tariffs against Canada was revealed by U.S. President Donald Trump on July 20, 2026. The tariffs are a response to Canada’s retaliatory measures introduced last year after Trump imposed his earlier tariffs. A few weeks earlier, the U.S. said it would not renew the Canada-United States-Mexico Agreement (CUSMA) negotiated during Trump’s first term. T…