{
  "id": 2625358,
  "title": "Read Mark Carney's full speech after trade talks with the U.S. collapsed",
  "url": "https://urgent.news/2026/08/22/read-mark-carneys-full-speech-after-trade-talks-with-the-u-s-collapsed",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-22T18:31:07.000Z",
  "source": {
    "name": "CBC Canada",
    "slug": "cbc-canada",
    "url": "https://www.cbc.ca/news/politics/carney-full-remarks-us-trade-talks-suspended-9.7317033"
  },
  "original_language": "en",
  "account": null,
  "summary": "Canada and the US had been in trade talks, but they broke down on Friday. Canadian Prime Minister Mark Carney said the US proposed new terms that were \"uneconomic, unfair\" and didn't offer enough benefits for Canada. According to Dawn, these terms impacted around $20 billion worth of goods, or 5.5% of Canadian exports to the US, with products such as hockey sticks and cement being affected.\n\nCarney stated that the US asked for too much and offered too little, leading Canada to walk away from the deal. He accused US President Donald Trump of launching a trade \"war\" and said Canada would impose retaliatory tariffs on the US, targeting industries such as steel and dairy, as reported by Dawn and People Daily Kenya. People Daily Kenya added that Canada would match US tariffs \"dollar-for-dollar\" from September 8, 2026.\n\nThe breakdown in talks resulted in new 50% US tariffs on Canadian goods. Carney said Canada was retaliating \"reluctantly\" to protect its interests, and details of the counter-measures would be released in the coming days, as per People Daily Kenya. Carney also revealed that Canada was willing to drop remaining retaliatory tariffs on steel, aluminum, and autos if the US substantially lowered its own, according to Hindustan Times - World News.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "BBC World",
        "title": "Carney calls Trump's fresh tariffs a 'miscalculation' after trade talks collapse",
        "url": "https://urgent.news/2026/08/22/carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks",
        "published": "2026-08-22T15:44:57.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "Prime Minister Mark Carney on Saturday said Canada would impose dollar-for-dollar tariffs on U.S. goods in retaliation for U.S. tariffs on Canadian exports that went into effect early in the morning",
        "url": "https://urgent.news/2026/08/22/prime-minister-mark-carney-on-saturday-said-canada-would-impose",
        "published": "2026-08-22T16:42:00.000Z"
      },
      {
        "outlet": "National Post",
        "title": "Jivani calls Carney’s dollar-for-dollar tariff response an ‘overreaction’ that will ‘accelerate conflict’",
        "url": "https://urgent.news/2026/08/22/jivani-calls-carneys-dollar-for-dollar-tariff-response-an",
        "published": "2026-08-22T17:15:53.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "‘Cannot accept what was offered’: Canadian PM Mark Carney on why US trade deal didn't work",
        "url": "https://urgent.news/2026/08/22/cannot-accept-what-was-offered-canadian-pm-mark-carney-on-why-us",
        "published": "2026-08-22T17:24:21.000Z"
      },
      {
        "outlet": "People Daily Kenya",
        "title": "Carney calls Trump’s fresh tariffs a miscalculation after trade talks collapse",
        "url": "https://urgent.news/2026/08/22/carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks-2621522",
        "published": "2026-08-22T18:32:35.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "What to know about Trump’s 50% tariffs on Canadian goods that just went into effect",
        "url": "https://urgent.news/2026/08/22/what-to-know-about-trumps-50-tariffs-on-canadian-goods-that-just-went",
        "published": "2026-08-22T20:38:22.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "What to know about Trump’s 50% tariffs on Canadian goods that just went into effect",
        "url": "https://urgent.news/2026/08/22/what-to-know-about-trumps-50-tariffs-on-canadian-goods-that-just-went-2651386",
        "published": "2026-08-22T20:53:02.000Z"
      },
      {
        "outlet": "KahawaTungu",
        "title": "Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse",
        "url": "https://urgent.news/2026/08/22/carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks-2649368",
        "published": "2026-08-22T21:03:44.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "What to know about Trump's 50% tariffs on Canadian goods that just went into effect",
        "url": "https://urgent.news/2026/08/22/what-to-know-about-trumps-50-tariffs-on-canadian-goods-that-just-went-2654485",
        "published": "2026-08-22T21:24:51.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse",
        "url": "https://urgent.news/2026/08/22/carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks-2681264",
        "published": "2026-08-22T22:14:00.000Z"
      },
      {
        "outlet": "Euronews",
        "title": "Canadian PM Carney says new US tariffs are 'designed to hurt us and divide us'",
        "url": "https://urgent.news/2026/08/23/canadian-pm-carney-says-new-us-tariffs-are-designed-to-hurt-us-and",
        "published": "2026-08-23T06:15:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}