Canada-U.S. Tariff Escalation

Canada Vows to Match U.S. Tariffs After Trade Talks Collapse

Canada has vowed to match new U.S. tariffs “dollar for dollar” after last-minute trade talks with the Trump administration collapsed before a midnight deadline. A 50% U.S. tariff on $20 billion of Canadian imports took effect, and Prime Minister Mark Carney accused Washington of unfair last-minute changes to a potential deal.