Canada suspends talks with US, Carney vows dollar-for-dollar tariffs in trade standoff with Trump

2026-08-22 05:08 PM IST

A major US-Canada trade showdown erupts after Canadian Prime Minister Mark Carney announces the suspension of trade negotiations with Washington. Carney says the latest US proposals are “unfair” and “uneconomic”, while a fresh wave of US tariffs on Canadian goods takes effect. Canada has vowed to respond dollar for dollar, escalating tensions between two major trading partners.

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