A trade war between Canada and the US deepens rupture in what had been a close and durable alliance
TORONTO (AP) — For decades, Canada built much of its prosperity on privileged access to the United States. Now, after the collapse of trade talks , one of the world’s closest and most durable…
The trade war between Canada and the United States has intensified, deepening the rift in a once-strong alliance. This comes after Canada's failure to reach trade agreements with the U.S. Under pressure from President Donald Trump, Canada's Prime Minister Mark Carney acknowledged the break in relations and stated that America has changed, signaling the end of their old partnership.
The U.S. has imposed 50% tariffs on approximately $20 billion worth of Canadian goods, and Canada has promised to match the import taxes dollar-for-dollar. Carney suspended negotiations and ordered Canada's trade team to return home, accusing Washington of making unfair, uneconomic changes that called into question the reliability of any deal.
This comes after Carney warned in January at the World Economic Forum in Davos that the world was experiencing a rupture rather than a transition, urging countries to reduce their vulnerability to economic coercion by strengthening their economies at home and diversifying abroad. Daniel Béland, a political science professor at McGill University in Montreal, said that the collapse of the tariff talks confirms the perception that Canada can't trust the Trump administration.
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