{"id":139676,"date":"2026-07-22T16:58:26","date_gmt":"2026-07-22T16:58:26","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/139676\/"},"modified":"2026-07-22T16:58:26","modified_gmt":"2026-07-22T16:58:26","slug":"canada-50-tariffs-how-it-would-affect-you","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/139676\/","title":{"rendered":"Canada 50% tariffs: How it would affect you"},"content":{"rendered":"<p> <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/nqjo0cnp7su8k8p8.jpg\" alt=\"Talkin\u2019 tariffs: How 50% tariff on Canada would affect you &amp; impact of trade war on businesses, consumers\" class=\"sr-only\" data-v-892ef6a8=\"\"\/>  <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/nqjo0cnp7su8k8p8.jpg\" alt=\"Talkin\u2019 tariffs: How 50% tariff on Canada would affect you &amp; impact of trade war on businesses, consumers\" loading=\"eager\" fetchpriority=\"high\" class=\"vod-poster-image\" data-v-6546b402=\"\"\/>    <\/p>\n<p data-v-94395e58=\"\">Michiganders are bracing for impact over the next month after President Donald Trump announced a 50% tariff on Canadian goods.\u00a0<\/p>\n<p data-v-94395e58=\"\">The new tariffs also bring into question the future opening of the Gordie Howe International Bridge between Windsor and Detroit.\u00a0<\/p>\n<p> Trump Canada tariffs  <\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Big picture view:<\/p>\n<p data-v-94395e58=\"\">On Monday, President Donald Trump announced 50% tariffs\u00a0<a href=\"https:\/\/www.fox2detroit.com\/news\/50-tariffs-slapped-hundreds-canadian-imports-heres-list\" rel=\"nofollow noopener\" target=\"_blank\">on a wide range of goods<\/a> imported from Canada after what the administration described as &#8220;discriminatory treatment&#8221; of American-made cars, alcohol and dairy products.<\/p>\n<p data-v-94395e58=\"\">READ MORE:\u00a0<a href=\"https:\/\/www.fox2detroit.com\/news\/50-tariffs-slapped-hundreds-canadian-imports-heres-list\" rel=\"nofollow noopener\" target=\"_blank\">50% tariffs slapped on hundreds of Canadian imports: Here&#8217;s a list<\/a><\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Timeline:<\/p>\n<p data-v-94395e58=\"\">The White House said in a fact sheet that the tariffs would go into effect in 30 days, meaning there is time for negotiations as Trump has not always followed through on his announced tax hikes on imports.<\/p>\n<p> Michigan affected <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/gettyimages-1441159594-copy-scaled.jpg\" alt=\"\" loading=\"lazy\" fetchpriority=\"auto\" width=\"932\" height=\"524\" data-v-2fe2fe3e=\"\"\/>  <\/p>\n<p data-v-94395e58=\"\">Dan Casey, a financial advisor with Panic Proof Retirement spoke to FOX 2\u2019s Roop Raj on The Pulse about the impact Detroit and Michiganders could feel from the tariffs.\u00a0<\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Previously:<\/p>\n<p data-v-94395e58=\"\">He cited\u00a0<a href=\"https:\/\/www.federalreserve.gov\/econres\/notes\/feds-notes\/the-slow-climb-how-tariffs-gradually-raised-retail-prices-in-2025-20260305.html\" rel=\"nofollow noopener\" target=\"_blank\">a study from the Federal Reserve<\/a> earlier this year that found tariffs in 2025 cost lower income families an extra $400 a year, middle income families about $1,400 a year and higher income families about $7,000 more per year.\u00a0<\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">What they&#8217;re saying:<\/p>\n<p data-v-94395e58=\"\">Casey said we\u2019ll feel the tariffs on dairy products and on transportation.\u00a0<\/p>\n<p data-v-94395e58=\"\">&#8220;Kind of related to previous tariffs, insurance costs, right. Car prices, not necessarily the sticker price but the automobile dealerships have ways of, you know, increasing transportation fees and things like that,&#8221; he said. &#8220;So it\u2019s coming up in just all sorts of ways and repairs; if you\u2019re buying a used car, it\u2019s now the cost of repair is going up.&#8221;<\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Look ahead:<\/p>\n<p data-v-94395e58=\"\">&#8220;The midterm election is a dangerous thing for the market,&#8221; Casey said. &#8220;There\u2019s a 70% chance that there\u2019s at least an 18% correction in the market in the year of a midterm election. So that, along with the new Fed chair, they\u2019d like to get tested by the market too in these tariffs. It\u2019s just, it\u2019s going to be a tumultuous 2026.\u00a0<\/p>\n<p data-v-94395e58=\"\">You can hear more from the conversation and from a Detroit CEO who\u2019s challenging Trump\u2019s actions\u00a0<a href=\"https:\/\/www.fox2detroit.com\/video\/fmc-zem4as5uh6g6e6n3\" rel=\"nofollow noopener\" target=\"_blank\">on the latest episode of &#8220;The Pulse&#8221; here<\/a>.\u00a0<\/p>\n<p data-v-94395e58=\"\">&#8220;The Pulse&#8221; airs on FOX 2 and streams on FOX Local weeknights at 7 p.m. and 11:30 p.m.<\/p>\n<p> Gordie Howe Bridge opening\u00a0  <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/1784739505_749_mksliql5in4sy6g0.jpg\" alt=\"Gordie Howe Bridge opening celebration canceled amid tariffs\" class=\"sr-only\" data-v-892ef6a8=\"\"\/>  <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/1784739505_749_mksliql5in4sy6g0.jpg\" alt=\"Gordie Howe Bridge opening celebration canceled amid tariffs\" loading=\"eager\" fetchpriority=\"high\" class=\"vod-poster-image\" data-v-6546b402=\"\"\/>  <a href=\"https:\/\/www.fox2detroit.com\/video\/fmc-4soraq1g3lvgf4fz\" data-v-892ef6a8=\"\" rel=\"nofollow noopener\" target=\"_blank\">Gordie Howe Bridge opening celebration canceled amid tariffs<\/a> <\/p>\n<p data-v-892ef6a8=\"\">Executive staff with the Windsor-Detroit Bridge Authority said they had been busy preparing the logistics for the upcoming ribbon-cutting ceremony celebrating the opening of the Gordie Howe International Bridge. But Canada has canceled the joint celebration, citing trade threats made by President Trump.<\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Meanwhile:<\/p>\n<p data-v-94395e58=\"\">The new bridge between Canada and Michigan is set to open next week, on Monday, July 27.<\/p>\n<p data-v-94395e58=\"\">RELATED: <a href=\"https:\/\/www.fox2detroit.com\/news\/canada-scraps-gordie-howe-bridge-ribbon-cutting-u-s-over-tariffs\" target=\"_blank\" rel=\"noopener nofollow\">Canada scraps Gordie Howe Bridge ribbon-cutting with U.S. over tariffs<\/a><\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">The backstory:<\/p>\n<p data-v-94395e58=\"\">Gordie Howe International Bridge\u2019s opening had been delayed earlier this summer after the Windsor-Detroit Bridge Authority said the two countries needed more time to resolve &#8220;outstanding issues.&#8221;\u00a0<\/p>\n<p data-v-94395e58=\"\">The delay followed President Trump\u2019s earlier threats to block the bridge\u2019s opening, saying he wanted Canada to hand over at least half ownership of the new bridge to the U.S. government.\u00a0<\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Big picture view:<\/p>\n<p data-v-94395e58=\"\">Canada financed the bridge\u2019s construction. The project was negotiated by Rick Snyder, the former Republican governor of Michigan, and work has been underway since 2018 and cost close to $4.4 billion.<\/p>\n<p> Trump in Michigan  <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/2jd8bxrvk4p4tx6l.jpg\" alt=\"President Trump coming to Michigan on Monday\" class=\"sr-only\" data-v-892ef6a8=\"\"\/>  <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/07\/2jd8bxrvk4p4tx6l.jpg\" alt=\"President Trump coming to Michigan on Monday\" loading=\"eager\" fetchpriority=\"high\" class=\"vod-poster-image\" data-v-6546b402=\"\"\/>   <\/p>\n<p original-article-post=\"\" origination_station=\"WJBK\" data-v-ec26887a=\"\" data-v-94395e58=\"\">Also:<\/p>\n<p data-v-94395e58=\"\">Sources tell FOX 2 President Trump will be visiting Oakland County that same day, Monday, July 27.\u00a0<\/p>\n<p class=\"group-source-paragraph\" data-v-4fbf7207=\"\">The Source: Information in this article was used from previous FOX 2 reportings and The Associated Press.<\/p>\n<p>    <a href=\"https:\/\/www.fox2detroit.com\/tag\/tariffs\" class=\"tags-tag\" data-v-94395e58=\"\" rel=\"nofollow noopener\" target=\"_blank\">Tariffs<\/a><a href=\"https:\/\/www.fox2detroit.com\/tag\/us\/mi\/wayne-county\/detroit\" class=\"tags-tag\" data-v-94395e58=\"\" rel=\"nofollow noopener\" target=\"_blank\">Detroit<\/a><a href=\"https:\/\/www.fox2detroit.com\/tag\/people\/donald-j-trump\" class=\"tags-tag\" data-v-94395e58=\"\" rel=\"nofollow noopener\" target=\"_blank\">Donald J. Trump<\/a><a href=\"https:\/\/www.fox2detroit.com\/tag\/the-pulse\" class=\"tags-tag\" data-v-94395e58=\"\" rel=\"nofollow noopener\" target=\"_blank\">The Pulse<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Michiganders are bracing for impact over the next month after President Donald Trump announced a 50% tariff on&hellip;\n","protected":false},"author":2,"featured_media":139677,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,10560,20715,12515,116,3780,400,46228,734,24152],"class_list":["post-139676","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-detroit","tag-donald-j-trump","tag-mi","tag-news","tag-people","tag-tariffs","tag-the-pulse","tag-us","tag-wayne-county"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/139676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=139676"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/139676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/139677"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=139676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=139676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=139676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}