US-Canada trade talks collapse, testing Ottawa's strategy of firmness
As negotiations broke down on Friday, the US is putting new 50% tariffs on a range of Canadian products, starting Saturday. Ottawa has vowed to respond with tariffs of equal scope.
US-Canada trade negotiations have broken down. The US will impose new 50% tariffs on various Canadian products starting Saturday. Ottawa has vowed to respond with equal tariffs.
The breakdown occurred late Friday after days of talks that US officials said were progressing. The US Trade Representative, Jamieson Greer, accused Canada of abandoning the negotiations, citing new demands and reversed commitments by Ottawa.
Canada's Prime Minister, Mark Carney, disputed this account, saying the US introduced last-minute conditions that were "unfair, uneconomic". According to Punch Nigeria, the US and Canada had made substantial progress towards an agreement that would have given Canadian exports preferential access to the US market.
Brief written by urgent.news from Le Monde English, Punch Nigeria, Punch — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- US-Canada trade war reignites as talks fail at last minute egyptindependent.com
- US-Canada trade deal collapses at last minute economictimes.indiatimes.com
- US-Canada tariff talks collapse, raising trade war fears punchng.com
