Trump tariffs: What India can learn from Canada’s failed trade talks with US
Ottawa said it would introduce “dollar-for-dollar” retaliatory tariffs from September 8. The move brought an end to talks that had started on February 1, 2025, after the first round of new US tariffs was imposed.
India is negotiating free trade agreements (FTAs) with 8-9 blocs. The goal is for these agreements to cover about 75 per cent of global trade. This effort aims to position India as a trusted partner in global value chains, according to the government.
The US and Canada previously held trade negotiations, but they broke down. Canada suspended talks and withdrew its team on August 21, 2026, after the US offered limited tariff relief. The US had imposed 50 per cent tariffs on Canadian goods.
Canada planned to introduce "dollar-for-dollar" retaliatory tariffs from September 8. The trade talks had started on February 1, 2025.
Brief written by urgent.news from Business Standard IN, Times of India — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- India negotiating FTAs with 8-9 blocs, aims to cover 75% of trade: Goyal business-standard.com
