Canada sees long trade war with U.S. that may last beyond midterms
The Canadian leader will prepare a domestic aid package to help businesses hurt by U.S. tariffs, and is designing those measures to ride out the rest of Trump's term if necessary.
Canadian Prime Minister Mark Carney’s government does not believe there is a realistic chance of restarting trade talks with President Donald Trump prior to the midterm elections, according to sources familiar with the situation. The collapse of negotiations has left Carney planning a domestic aid package to support Canadian businesses adversely affected by U.S. tariffs.
These measures are intended to sustain Canadian businesses throughout the remainder of Trump’s presidency if negotiations remain stalled. The unraveling of discussions this past Friday prompted Trump to implement additional tariffs and Carney to retaliate, escalating a potential trade conflict between the two nations that are deeply interdependent economically.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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