Urgent.News

What's breaking now, across thousands of outlets.

Business

‘At war’: Canada walks away from US trade talks, retaliates to tariffs

Acknowledging the two countries were in a trade war, Canadian Prime Minister Mark Carney continues to lead resistance to the Trump administration among the US’ western allies.

‘At war’: Canada walks away from US trade talks, retaliates to tariffs

Canada and the US are in a trade war, according to Canadian Prime Minister Mark Carney. Talks between the two countries collapsed, and the US imposed 50% tariffs on a broad range of Canadian products.

In response, Canada announced it would introduce tariffs on several US products starting September 8. The Canadian tariffs will match the US tariffs dollar for dollar to protect Canadian workers, farmers, families, and businesses, Carney said.

The US tariffs will affect products including wine, furniture, and dairy products, covering around $20 billion worth of Canadian exports. Canada's retaliatory tariffs will target steel, dairy, appliances, and electronics, according to Carney.

Brief written by urgent.news from The Age, Winnipeg Free Press, The Sydney Morning Herald, DW News, DW English (Top Stories) — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at theage.com.au →

More in Business

More from Saturday 22 August →