Trump hits back at Canada after retaliatory tariffs announcement

US President Donald Trump responded to Canada's announcement of retaliatory tariffs on Sunday, following a breakdown in trade negotiations. Canada's Prime Minister, Mark Carney, had stated that Canada wants the benefits of being a state without being one, according to a post from Trump on Truth Social. Trump emphasized that Canada has been charging his farmers massive tariffs for years, and no more of that is acceptable.

Carney had announced on Saturday that Canada's new tariffs would take effect on September 8, primarily targeting the US steel and dairy industries. The United States had imposed 50% tariffs on about $20 billion worth of Canadian goods, which represent 5.5% of Canadian exports to the US. These new tariffs came into force on Saturday.

Canada PM Carney reiterated that Canada cannot accept the US's trade demands. The discussion between Trump and Carney aimed to prevent the implementation of the 50% US tariffs, but ultimately, it was announced that Canada is prepared to respond if the new tariffs go into effect.