WATCH LIVE: Mark Carney announces retaliatory tariffs against the US
Canadian Prime Minister Mark Carney announced plans too retaliate against U.S. tariffs with “dollar-for-dollar” measures set to begin on September 8. This escalation follows failed negotiations between Canada and the Trump administration, which collapsed at the last minute before a deadline, resulting in a 50% tariff on $20 billion worth of Canadian goods starting Saturday. The dispute is part of broader tensions over trade policies, with Carney indicating Canada’s readiness to respond to U.S. tariffs.Additional related stories include Trump’s suggestion to rename Lake Ontario to Lake America and Ontario Premier Doug Ford’s strong criticism of Trump’s tariff threats.
Canadian Prime Minister Mark Carney is set to announce his country’s retaliation to U.S. tariffs at 11 a.m.
Last week, negotiations between Canada and the Trump administration broke down in the final hour before President Donald Trump’s deadline. As a result, 50% tariffs on $20 billion in Canadian goods began on Saturday.
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Carney promised retaliation against the United States, announcing “dollar-for-dollar” tariffs, which are set to begin Sept. 8.
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