Canada Ends U.S. Trade Talks, Imposes New Tariffs
Canada has concluded its latest trade negotiations with the United States and will impose dollar-for-dollar tariffs on U.S. goods as a response to new American duties on Canadian products. Prime Minister Mark Carney announced this decision via his X account on Saturday, stating that Canada could not accept the concessions demanded by the U.S.
The new tariff measures are set to take effect on September 8, 2026. Carney emphasized that Canada had spent over a year negotiating a comprehensive trade agreement, aiming to secure the best possible deal for Canadian workers, farmers, families, and businesses.
He ordered Canadian negotiators to return to Ottawa after the two sides failed to reach an agreement. The U.S. had recently imposed 50% tariffs on approximately $20 billion worth of Canadian goods, affecting about 5% of Canada’s exports to the U.S.
The Canadian government plans to introduce additional measures to support those affected by the U.S. tariffs.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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