US-Canada trade talks collapse as 50% tariffs on ~$20B kick in
US-Canada trade talks fail and the US imposes fresh 50% tariffs on Canadian goods worth around $20B, prompting Prime Minister Mark Carney to vow retaliation “dollar for Dollar,” according to Hammerstone MarketTalk.
EWC - US-Canada trade talks fell apart at the last minute, with fresh 50% tariffs on billions of dollars of Canadian goods taking effect and prompting Prime Minister Mark Carney to vow to retaliate “dollar for Dollar.” The tariffs will kick in on hundreds of items the US buys from Canada, such as plywood, liquor, electrical Equipment and hockey gear, totaling around $20B.
Carney said his Country would Match the tariffs “dollar for Dollar to protect our workers and businesses.” BBG