US-Canada trade dispute escalates after Carney announces retaliatory tariffs
France 24
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France 24
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Trade negotiations between Canada and the United States collapsed this week after both sides failed to reach agreement on final terms. Canadian Prime Minister Mark Carney has announced retaliatory tariffs in response to Washington's imposition of a 50 percent levy on Canadian goods valued at 20 billion dollars.
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Canada and the US were closing in on a trade deal earlier this week until the negotiations fell apart. Both sides blame each other for last-minute changes to the terms. Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imposed a 50 percent levy on 20-billion-dollars worth of Canadian goods. On Saturday, he addressed the nation for the first time since the talks collapsed, as Charlotte Lam explains.
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