Our Reaction to the Latest U.S. Tariff Threat Against Canada

July 21, 2026

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We knew this would get bumpier before landing. We shared our concerns with the Canadian government about the rising threat Section 338 tariffs posed, given something like this could be coming.

While this is a regrettable escalation by the U.S. Administration, we now have 30 days before this comes into effect. Both sides need to use this window to make meaningful progress in advancing formal talks. There are important discussions to get to that will strengthen not threaten our shared prosperity.

• Candace Laing, President and CEO, Canadian Chamber of Commerce

Candace Laing, President and CEO, Canadian Chamber of Commerce Breaks Down Trump’s Latest Tariffs | CNN

Matthew Holmes, EVP and Chief of Public Policy, Canadian Chamber of Commerce On Trump’s 50% Tariffs | CBC’s Power & Politics

About the Canadian Chamber of Commerce — The Future of Business Success  

The Canadian Chamber of Commerce is Canada’s largest and most activated business network — representing over 400 chambers of commerce and boards of trade and more than 200,000 business of all sizes, from all sectors of the economy and from every part of the country — working to create the conditions for our collective success. The Canadian Chamber of Commerce is the undisputed champion and catalyst for the future of business success. From working with government on economy-friendly policy to providing services that inform commerce and enable trade, we give each of our members more of what they need to succeed: insight into markets, competitors and trends, influence over the decisions and policies that drive business success, and impact on business and economic performance.    

Media Contact 

Shane Mackenzie 
Vice President, Media and Stakeholder Communications 
613.302.7683 
smackenzie@chamber.ca