Live updates: US-Canada trade war details surface; Trump to take honor lap in IndyCar Grand Prix
The details of the failed trade negotiations between the U.S. and Canada, which sparked tit-for-tat 50 percent tariffs on certain goods between the two countries, are now coming to light. U.S. Trade Representative Jamieson Greer said in a Saturday evening interview with The New York Times that, before this weekend, officials had offered to reduce...
Prime Minister Mark Carney of Canada has declared that the United States' recent wave of tariffs on Canadian goods is a "miscalculation" aimed at harming and dividing their nations. This comes after trade negotiations between the two countries reached an impasse late on Friday. Carney stated that the US made "too many demands" and offered "too little," leading to the collapse of talks.
He affirmed that Canada would match each US tariff "dollar-for-dollar" from September 8th, encompassing levies on steel, dairy, appliances, and electronics. The breakdown of the trade discussions has severed a closely integrated trading relationship, with few clear paths for resolution. Trump has yet to comment on the matter.
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- US-Canada trade dispute escalates after Carney announces retaliatory tariffs france24.com
- Trump accuses Canada of wanting 'benefits of being a State, without being one' amid trade war thehill.com
- Trump says Canada 'wants the benefits' of being a U.S. state 'without being one' as trade dispute deepens cbc.ca