Canadian Prime Minister Mark Carney announced on 22–23 August 2026 that Canada would suspend trade negotiations and match all US tariffs dollar-for-dollar after the US implemented 50% tariffs on select goods. Carney characterised the tariff action as an 'attack' on Canada.
"In recent weeks, we made important progress toward improving Canada’s position as having the best deal in the world with the U.S. However, that progress has not been enough to meet our objectives for Canadians," Mark Carney said.
📰 Canada will match US tariffs 'dollar for dollar,' Carney says "In recent weeks, we made important progress toward improving Canada’s position as having the best deal in the world with the U.S. However, that progress has not been enough to meet our objectives for Canadians," Mark Carney said.... 🔗 http://www. euronews.com/2026/08/22/canada -will-match-us-tariffs-dollar-for-dollar-carney-says #
The trade war between Washington and Ottawa is once again escalating. On Saturday, the US implemented 50% tariffs on certain Canadian goods, just hours after Donald Trump claimed he had a good relationship with his Canadian counterpart and that he thought a deal could be reached. The tariffs were initially set to go into effect on Wednesday but the US president gave negotiators three days to reach
Canadian Prime Minister Mark Carney on Sunday said the U.S. attacked Toronto with tariffs, escalating a trade war that will impact residents on both sides of the border. “In recent days, the United States proposed new terms that were un-economic, unfair, and undermined the net benefits for Canada and called into question the reliability of...