US Imposes 50% Tariffs on Canadian Goods as Trade Talks Fail, Canada Vows Retaliation
- The United States imposed 50% tariffs on about $20 billion in Canadian goods on Saturday after last-ditch negotiations failed, with duties taking effect at 12:01 a.m. EDT.
- Prime Minister Mark Carney suspended trade negotiations Friday, calling last-minute U.S. changes "unfair, uneconomic, and called into question the reliability of any deal." The U.S. blamed Canada, terming it "a missed opportunity for Canada to partner with the United States."
- Canada will retaliate against the new levies "dollar for dollar" to protect workers and businesses, amid a trade relationship worth $880 billion in annual goods and services.
- With tariffs now in effect, Carney directed negotiators to return to Ottawa and pledged new government measures to support Canadian workers and industries facing the trade dispute.
- The tariffs could thwart Canada's economic recovery and reshape bilateral engagement in coming months, marking an extraordinary departure from the traditionally cooperative relationship between the historic allies.
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663 Articles
Washington warns Ottawa against the "devast" effects of a trade dispute.
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US President Donald Trump has reacted angryly to retaliation tariffs announced by Canada: "Canada wants to have the advantages of a state without being one. They have also imposed massive tariffs on our great farmers for many years. "That's over now. Canada's Prime Minister Mark Carney announced Canadian retaliation tariffs on Saturday after new tariffs on Canadian products came into force in the US. Days ago, negotiations between the economical…
The US president sharply criticized the Canadian prime minister's announcement of the introduction of retaliatory tariffs on a "dollar-for-dollar" basis.
Trump Slams Canada. Row Over Retaliatory Tariffs Continues
Canadian Prime Minister Mark Carney alleged that the final demands made by the US were too stretched. These reportedly included steps Canada considered as unacceptable, including terms that curtailed Canada's ability to negotiate trade agreements with other countries
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