US imposes 50% tariffs on Canada as trade talks fail
US Trade Representative Jamieson Greer said Canada was "continuing its retaliation against the US," minutes before fresh Trump tariffs were due to come into effect. Canada says the terms proposed were "unfair."
The United States has imposed 50% tariffs on Canada as trade negotiations between the two countries have reportedly failed. This decision was made minutes before the tariffs were set to take effect. Canada had been negotiating a trade deal with the US, but the terms were deemed "unfair" and "uneconomic" by Canadian Prime Minister Mark Carney.
The deal was expected to reduce US tariffs on Canadian-made vehicles and halve duties on Canadian steel and aluminum. Canadian officials, including Prime Minister Carney and Trade Minister Dominic LeBlanc, have vowed to continue working towards a resolution. Despite the US and Canada's close relationship, a majority of Canadians reportedly want their government to take a hard stance against the US tariffs.
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