Canada to Match US 50% Tariffs After Trade Deal Collapse

Canadian trade negotiator Mark Carney has publicly condemned the United States for what he described as “unfair” last‑minute changes to a proposed trade agreement, after the two countries failed to reach a deal by the midnight deadline following a three‑day extension of talks. Carney said the U.S. modifications were “uneconomic” and raised doubts about the reliability of any agreement that could be reached.

In response to the U.S. tariff proposals, Carney pledged that Canada would match the tariffs dollar for dollar, a move that could broaden the scope of the dispute if a settlement is not achieved. The statement also called into question the U.S. commitment to the negotiation process, suggesting that the sudden adjustments undermined the credibility of the deal.

Both sides remain at a stalemate, with Canadian officials indicating that further negotiations will be necessary to resolve the tariff differences. The outcome of the talks will shape the future of trade relations between the two nations and could influence broader economic policy decisions in North America.