@davejorgenson: Canada announced retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs and Prime Minister Mark Carney accusing Washington of trying to subordinate Canada. Trump also threatened new 50% tariffs on Canadian vehicles, auto parts and steel, while Carney said U.S. trade demands showed Washington wanted to “destroy our major industries,” including autos, steel and aluminum. “An attitude at the negotiation table that Canada is a subsidiary of the United States” is “not something we’re going to accept,” Carney said. Carney was even more blunt in French. “We learned during the negotiations that the Americans want to destroy our major industries, including autos, steel and aluminum,” Carney said. “That was one of the main reasons we said no. It was a bad deal.” Caption from article by Rob Gillies, AP News.

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Tuesday 25 August 2026 23:06:38 GMT