Canada's Prime Minister Halts Tariff Talks with U.S.

Canadian Prime Minister Mark Carney has abruptly suspended trade talks with the United States, citing unacceptable last-minute changes to an already negotiated deal. Carney announced the suspension late Thursday, recalling Canada's negotiators just minutes before a deadline set by U.S. President Donald Trump.

The prime minister described the U.S. demands as "unfair, uneconomical, and unreliable." He stated that the proposed alterations to the text undermined the dependability of the agreement and were not acceptable for Canada. In response to the breakdown, Carney declared that Canada would retaliate against any new U.S. tariffs with equivalent measures, stating, "Dollar for dollar."

Canada is a significant exporter to the U.S., with key exports including oil and petroleum products. The collapse of these negotiations signals a potential escalation in trade tensions between the two North American neighbors. The specific nature of the U.S. changes and the products targeted for retaliation remain key points of interest following this development.