US imposes new tariffs on Canadian goods, prompting Canada to strengthen trade ties with Europe

The United States has implemented new import bans and adjusted tariffs on Canadian goods under Section 338 of the Tariff Act of 1930, effective September 15, 2026, following Canada's retaliatory tariffs on US goods. This escalation in the trade dispute has prompted Canada to actively seek stronger economic ties with the European Union, with Prime Minister Mark Carney scheduled to address the European Parliament to promote Canada as a stable investment destination.