VANCOUVER, British Columbia: Prime Minister Mark Carney said Thursday that Canada is intensifying negotiations with the United States to reach a comprehensive trade deal but is prepared to respond should President Donald Trump’s threat of 50 percent tariffs on Canadian goods go into effect. The new tariffs, announced by Trump on Monday, are scheduled to come into effect Aug. 19.

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.