Canadian Prime Minister Mark Carney speaks at a press conference in Ottawa, Ontario, on August 22, 2026 after trade talks with the US collapsed. Carney said his country could not accept US terms for a trade deal, and would slap retaliatory tariffs on steel and dairy products in response to heavy duties imposed by Washington. “We cannot accept what they’ve offered, and we will not give what they’ve asked,” Carney said in remarks on the failed negotiations, adding that Ottawa’s new trade measures would take effect on September 8. (Photo by Dave Chan / AFP)
Canadian Prime Minister Mark Carney said Saturday he would slap retaliatory tariffs on the United States after walking away from a “bad deal” on trade, deepening the rift between the longtime allies.
Negotiations between the neighboring countries broke down on Friday in Washington, allowing new 50-percent US tariffs impacting some $20 billion worth of goods, or 5.5 percent of Canadian exports to the United States, to come into force.
Impacted products range from hockey sticks to cement.
US President Donald Trump had said Washington “should be able to have a deal with Canada,” citing his “good relationship” with Carney.
