Canadian Prime Minister Mark Carney declines to finalise a trade deal with
the US and will impose retaliatory measures, matching
the tarrifs "dollar for dollar," after calling the US' last minute changes
to trade terms "unfair"
This comes at the end of a three-day extension between the nations in an
attempt to resolve US' imposed 50% tariffs on 20 billion dollars
worth of Canadian products.
US import taxes will hit about 5% of what Canada ships to its neighbour
every year.
Canada had previously sought concessions on US President Donald Trump's
tariffs on steel, aluminium, autos and lumber.
Speaking to the press, Trump appears to remain hopeful that a deal
can still be ironed out, maintaining he has a "good relationship" with Carney.
“I've dealt with the Prime Minister, I've got a good relationship, and yeah,
we have to take care of our farmers. The farmers are very important to me,
and the deal with Canada is moving along, and we should be able to have a
deal with them. We're also starting on a new deal with Mexico,
a much better deal for the United States. I only make good deals.
Much better deal for the United States, both with Canada and Mexico,” Trump says.




