US imposes 50% tariffs on some Canadian products 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 specific Canadian products, following a failed attempt to finalize a trade pact between the two nations. This decision came just moments before the tariffs were set to take effect on Saturday at 12:01 a.m. EDT (0401 GMT). Canadian Prime Minister Mark Carney vowed to retaliate with similar tariffs, describing the US terms as "unfair" and "uneconomic."
Canadian Trade Minister Dominic LeBlanc stated that the work to reach a deal was not yet finished, and emphasized that their job was not complete. The US had offered to reduce tariffs in sectors such as steel and aluminum, but Canada declined the offer. Canada, which accounts for roughly 70% of the US's exports, faces significant vulnerability to these punitive actions.
Despite President Trump's claims of a good relationship with Canada, Prime Minister Carney has faced a difficult task in convincing Canadians and the provincial premiers to accept the deal.
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