‘You’re at war when you get attacked’ — Canada’s Mark Carney accuses U.S. of using economic integration as a weapon as trade fight spurs tariff hikes
U.S. will impose 50% tariffs on $20 billion worth of Canadian goods, and Canada set Sept. 8 as the start of its retaliatory penalties.
Canada's finance minister, Mark Carney, accused the United States of using economic integration as a weapon during a trade dispute that escalated into a tariff war. The conflict began after Canada imposed new tariffs on $20 billion worth of U.S. goods, prompting the U.S. to respond with a 50% tariff on Canadian imports. Prime Minister Carney declared that Ottawa would retaliate with targeted tariff protection for various industries, including steel, dairy, and electronics.
He described the U.S. actions as an "attack" and stated that Canada had the reserves and resilience to respond. However, the U.S. trade representative, Jamie Greer, maintained that the tariffs were necessary to protect American workers and supply chains. Carney criticized Washington's demands as "unacceptable," stating that they went too far and offered too little.
The breakdown in negotiations raised concerns about the future of the North American trade agreement, as Canada and the U.S. rely heavily on each other for goods and services. The Canadian public expressed frustration, with a petition to expel the U.S. ambassador collecting nearly 248,000 signatures.
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