@soocanadian: Prime Minister Mark Carney says Canada will respond to the latest U.S. tariffs with dollar-for-dollar retaliatory measures after last-ditch trade negotiations between Ottawa and Washington broke down. In a statement Saturday, Carney said Canada had spent more than a year negotiating with the United States “intensively and in good faith,” but rejected the latest offer from Washington. “We cannot accept what the U.S. has offered, and we will not give what they have asked,” Carney said. The prime minister said Canada will match the new U.S. tariffs “dollar for dollar” to protect Canadian workers, farmers, families and businesses. The retaliatory measures are expected to take effect September 8, the Tuesday after Labour Day. The government is expected to release details of the affected U.S. products and sectors in the coming days. The move follows the collapse of Canada-U.S. trade talks late Friday. The United States has imposed new 50 per cent tariffs on roughly $20 billion worth of Canadian goods, further escalating tensions between the two countries. Carney said Canada had remained “pragmatic, patient, and persistent” throughout the negotiations, but stressed that Ottawa’s objective was never to reach a deal “at any price or on any time frame.” The prime minister also instructed Canadian negotiators to return to Ottawa as the talks ended. Canada’s counter-tariffs are expected to target a range of U.S. products, including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. The breakdown marks a significant escalation in the Canada-U.S. trade dispute and raises further questions about the future of the two countries’ trade relationship.

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Saturday 22 August 2026 16:13:43 GMT