CP NewsAlert: U.S. says no deal trade deal reached with Canada; tariffs to kick in

Trade negotiations between the United States and Canada have collapsed without an agreement, resulting in the implementation of new U.S. tariffs against Canadian products. U.S. Trade Representative Jamieson Greer announced the failure to reach a deal as the tariff deadline loomed, stating that Canada was continuing its retaliation against the United States.

Following the breakdown of talks, the United States imposed 50 percent tariffs on certain Canadian products. In response to the developments, Canadian officials characterized the terms proposed during the negotiations as unfair.