Canada’s prime minister walked away from what he thought was a bad trade deal with the United States. Many Canadians are behind him, but it will be costly.
Canada’s prime minister walked away from what he thought was a bad trade deal with the United States. Many Canadians are behind him, but it will be costly.
Canadian negotiators were in Washington to finalize a deal that would stave off new tariffs and improve the terms of existing ones, but Mark Carney faces a tough sell back home.
Canadian negotiators were in Washington to finalize a deal that would stave off new tariffs and improve the terms of existing ones, but Mark Carney faces a tough sell back home.
The ArcelorMittal Dofasco steel plant in Hamilton, Ontario. President Trump hit the Canadian steel industry with tariffs of up to 50 percent last year.
Intense negotiations to stave off new levies by the Trump administration ended in an impasse as Mark Carney suspended talks. U.S. tariffs on Canada, and retaliatory tariffs on the U.S., will come into effect.
Intense negotiations to stave off new levies by the Trump administration ended in an impasse as Mark Carney suspended talks. U.S. tariffs on Canada, and retaliatory tariffs on the U.S., will come into effect.
Prime Minister Mark Carney of Canada said he suspended the trade talks because the American side introduced last-minute terms that ”called into question the reliability of any deal.”