1 week ago
Canada Suspends U.S. Trade Talks, Vows Dollar-for-Dollar Tariffs
Canada and the United States were discussing a trade agreement.
Canada’s prime minister, Mark Carney, said the talks had made some progress.
However, he said the progress was not enough for Canadians.
He also said the United States changed its proposed terms at the last minute.
Canada viewed those changes as unfair and not economically workable.
Because of this, Canada stopped the negotiations for now.
Canada’s negotiators were told to return to Ottawa.
Carney said Canada would respond to U.S. tariffs with tariffs of its own, dollar for dollar.
Prime Minister Carney announced that Canada was suspending trade negotiations with the United States.
Carney said the talks had made progress toward securing what he called the world’s best deal for Canada.
He said that progress was insufficient to meet Canada’s objectives.
Canada’s negotiators were directed to return to Ottawa after last-minute changes to proposed U.S. terms.
Carney described the changes as unfair and uneconomic and vowed a dollar-for-dollar tariff response.
- Who
- Canadian Prime Minister Mark Carney and Canada’s trade negotiators; the United States is the negotiating counterpart.
- What
- Canada suspended trade negotiations with the United States and vowed a dollar-for-dollar tariff response.
- Where
- The talks concerned Canada-U.S. trade; Canada’s negotiators were directed to return to Ottawa.
- When
- The suspension was announced in the evening; the article does not specify a date.
- Why
- Carney said last-minute changes in the United States’ proposed terms were unfair, uneconomic, and undermined the reliability of any deal.
Key facts
- Decision
- Canada suspended trade negotiations with the United States.
- Canadian leader
- Prime Minister Mark Carney announced the decision.
- Negotiators
- Canada’s negotiators were directed to return to Ottawa.
- Canada’s assessment
- Carney called the latest U.S. proposed terms unfair and uneconomic.
- Talks’ progress
- Carney said the negotiations had made important progress but had not met Canada’s objectives.
- Tariff response
- Carney vowed a dollar-for-dollar response to U.S. tariffs.
Quotes
Mark Carney
Prime Minister of Canada who announced the suspension of trade negotiations with the United States
“In recent weeks, we made important progress toward improving Canada’s position as having the best deal in the world with the US. However, that progress has not been enough to meet our objectives for Canadians.”
timesnownews.com
Sources
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