US Imposes 50% Tariffs on Canadian Goods as Trade Talks Fail, Canada Vows Retaliation
Canada will match the duties dollar for dollar after talks collapsed and the new levies hit about 5% of its exports to the United States, officials said.
- 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 fragile economic recovery and reshape bilateral engagement in coming months, marking an extraordinary departure from the traditionally cooperative relationship between the historic allies.
489 Articles
489 Articles
Associated Press News
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'Indefensible': B.C. Premier Eby responds to collapsed Canada-U.S. trade talks - Fort St. James Caledonia Courier
B.C. Premier David Eby worked to reassure British Columbians that Canada will stand strong against U.S. tariffs after a potential trade deal collapsed. Eby held a press conference Saturday (Aug. 22) in Vancouver to address the collapsed Canada-U.S. trade talks. He called the incoming U.S. tariffs “inexplicable and indefensible.” He said many British Columbians woke up to the news Saturday of the latest in the Canada-U.S. trade war. The premier s…
The Free Press
'Indefensible': B.C. Premier Eby responds to collapsed Canada-U.S. trade talks
B.C. Premier David Eby worked to reassure British Columbians that Canada will stand strong against U.S. tariffs after a potential trade deal collapsed. Eby held a press conference Saturday (Aug. 22) in Vancouver to address the collapsed Canada-U.S. trade talks. He called the incoming U.S. tariffs “inexplicable and indefensible.” He said many British Columbians woke up to the news Saturday of the latest in the Canada-U.S. trade war. The premier s…
Le Journal de Montreal
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Sydney Morning Herald
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Canada is imposing retaliatory tariffs on the United States after President Trump announced 50% tariffs on $20 billion worth of Canadian goods. North Carolina businesses and consumers' wallets could soon feel the impacts.
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