Canada to hit back with retaliatory tariffs after US trade talks fail
Americas2 sources2 countries🔦 Under-reported39m ago
Canada has announced retaliatory tariffs against the United States following the collapse of bilateral trade negotiations in Washington on Friday. Canadian Prime Minister Mark Carney walked away from what he described as a "bad deal," prompting the escalation of a trade standoff between the neighboring allies.
The retaliatory measures were declared after the United States indicated that its own tariffs would proceed following the breakdown in talks. This development marks a deepening rift in trade relations between Ottawa and Washington.
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South China Morning Post (HK)Highlights Prime Minister Mark Carney's personal action and walking away from a "bad deal".