Canada's Prime Minister: tariffs on US goods to take effect September 8

Canadian Prime Minister Mark Carney announced that retaliatory tariffs on US goods will take effect on September 8. This follows the collapse of trade negotiations between Ottawa and Washington. Carney stated that the sides could not accept the US proposals and could not give what was asked. The measures will focus on steel and dairy products.

Canadian Prime Minister Mark Carney announced that retaliatory tariffs on American goods will take effect on September 8. The statement came amid the failure of trade talks between Ottawa and Washington. Carney noted that the sides 'could not accept what the US proposed, and could not give what they asked for.' He also emphasized that Canada was ready to cancel compensatory tariffs on steel, aluminum, and the auto industry, but was not ready to undermine key sectors. Canada's new measures will focus on steel and dairy products. Details will be published in the coming days. Earlier, new 50% tariffs on Canadian goods had already taken effect in Canada, indicating an escalation of the trade conflict.