Carney rejects trade deal, vows ‘dollar for dollar’ retaliation on new tariffs

After weeks of intense talks, Canada and the U.S. have failed to strike a last-minute trade deal, meaning new 50 per cent tariffs on $28 billion-worth of Canadian goods are now in effect.

Trade negotiations between the United States and Canada fell apart after a three-day face-off. Canada called a halt to discussions, criticizing the US for presenting proposals that were both unfair and detrimental. In a dramatic move, the US introduced hefty tariffs on Canadian goods, prompting Canada to respond with a

Canada was quick to react to the move, with Prime Minister Mark Carney vowing to match the tariffs imposed by the Trump administration.