Canadian Prime Minister Mark Carney says Canada will continue to negotiate a new trade deal with the U.S., but the country is willing to respond should new threatened tariffs come into effect.

The Canadian leader’s carefully worded statement stopped short of threatening retaliatory tariffs but warned that the move would raise costs for American families.

Mark Carney says Canada is ready to intensify U.S. trade talks after Trump's new tariffs, calling them a USMCA violation.