Canada and U.S. fail to reach tariff deal as new duties take effect
Ottawa and Washington missed a deadline for a trade agreement, triggering fresh U.S. tariffs and a Canadian pledge to impose matching measures.
Canada and the United States failed to strike a trade deal before a midnight deadline, allowing new U.S. tariffs on Canadian goods to take effect on Saturday. Prime Minister Mark Carney said Canada would respond with matching duties.
According to reports from several outlets, the U.S. move covers about $20 billion in Canadian products and sets tariffs at 50% on those imports. Carney said the talks broke down after last-minute changes from Washington.
The White House had given negotiators three days to reach an agreement after initially setting the duties to begin earlier in the week. The collapse of the talks leaves both sides moving ahead with retaliatory measures.
The dispute adds to a widening trade conflict between two of North America’s largest trading partners, with further details on the scope and timing of the Canadian response still to be set.
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