Canada's Prime Minister: tariffs on US goods will 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 were unable to accept the US proposals and could not deliver what was requested. 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 collapse of trade negotiations between Ottawa and Washington. Carney noted that the sides "were unable to accept what the US proposed and could not deliver what they asked for." He also emphasized that Canada was ready to cancel compensatory tariffs on steel, aluminum, and the automotive 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.