Canada says it will match US tariffs ‘dollar for dollar’ as trade talks break down | BBC News
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Canada says it will match US tariffs ‘dollar for dollar’ as trade talks break down | BBC News
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A fresh wave of US tariffs on a wide array of Canadian goods came into effect on Saturday after a last-minute breakdown in trade talks.
Announcing the suspension of negotiations shortly before the Friday night deadline, Canadian Prime Minister Mark Carney said he would impose reciprocal tariffs on US goods "dollar for dollar" and that "last-minute changes in the US proposed terms were unfair, uneconomic, and called into question the reliability of any deal".
US President Donald Trump had temporarily paused those tariffs earlier in the week, saying the two sides were close to signing a trade deal that was "very good" for both countries.
But minutes before the deadline for a deal, Carney said that while "important progress" had been made in the talks it was "not enough to meet our objectives for Canadians".
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Announcing the suspension of negotiations shortly before the Friday night deadline, Canadian Prime Minister Mark Carney said he would impose reciprocal tariffs on US goods "dollar for dollar" and that "last-minute changes in the US proposed terms were unfair, uneconomic, and called into question the reliability of any deal".
US President Donald Trump had temporarily paused those tariffs earlier in the week, saying the two sides were close to signing a trade deal that was "very good" for both countries.
But minutes before the deadline for a deal, Carney said that while "important progress" had been made in the talks it was "not enough to meet our objectives for Canadians".
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
#US #Canada #BBCNews
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