Canada retaliates as trade war with US escalates

Canada is retaliating with new tariffs against the United States, deepening a trade war after negotiations collapsed over what Prime Minister Mark Carney called a "bad deal."

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You're at war when you get attacked. We got attacked.

Talks between the neighboring countries ended Friday in Washington, triggering 50% U.S. tariffs on about $20 billion worth of Canadian exports, impacting goods from hockey sticks to cement. Carney stated, "You're at war when you get attacked. We got attacked."

U.S. President Donald Trump responded on social media, criticizing Canada's trade practices and stating, "They have also charged our great farmers, for many years, massive amounts of Tariffs. No more!!!"

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Canada wants the benefits of being a State, without being one!!!

Canada's new tariffs, set to take effect September 8, will specifically target the U.S. steel and dairy sectors. Prime Minister Carney indicated that more details would be released next week. He explained that the U.S. had proposed unacceptable terms late in the negotiations, which were uneconomic, unfair, and undermined Canada's benefits.

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They have also charged our great farmers, for many years, massive amounts of Tariffs. No more!!!

U.S. Trade Representative Jamieson Greer told The New York Times that the U.S. had offered concessions, including reducing tariffs on steel, aluminum, and autos, and eliminating the lumber tariff. Greer stated Washington is "moving forward with measures that respond to Canadian retaliation" and that no new talks are planned.

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In recent days, the United States proposed new terms that were uneconomic, unfair and undermined the net benefits for Canada, and called into question the reliability of any deal.