US imposes 50% tariffs on Canada products as talks fail, Carney vows to match them ‘dollar for dollar’
Canada was quick to react to the move, with Prime Minister Mark Carney vowing to match the tariffs imposed by the Trump administration.
The US has imposed 50% tariffs on Canadian products worth $20 billion in response to failed trade talks, according to reports from Hindustan Times. Prime Minister Mark Carney vowed to match the tariffs "dollar for dollar," rejecting Washington's conditions for a trade deal. Canadian officials accused the US of making last-minute changes to the proposed terms, which they deemed unfair and uneconomic.
The dispute over tariffs on automobiles, steel, and aluminium has strained Canada's economy and weighed on its trading relationship with the US.
Brief written by urgent.news from Hindustan Times - World News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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