Canada says it will match US tariffs 'dollar for dollar' as trade talks break down

Canada says it will match US tariffs 'dollar for dollar' as trade talks break down

New 50% levy on $20bn of Canadian imports comes into force after last minute breakdown in trade talks.

Canada vows to match Trump’s 50% tariffs after trade deal talks fail

Mark Carney accuses Washington of ‘unfair’ last-minute changes to deal, as US and Canada fail to reach agreement after three-day extension of talks Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal by the midnight deadline. “Last-minute changes in the US proposed terms were unfair, uneconomic, and called into question the reliability of any deal,” Carney said in a statement. Continue reading...