Trump imposes massive tariffs on Canada - Ottawa: 'They asked for too much and offered too little'

The US imposed 50% tariffs on $20 billion worth of Canadian goods after last-minute talks failed. Canada will retaliate with "dollar-for-dollar" tariffs starting September 8. Prime Minister Carney accused Washington of excessive demands and last-minute changes. Trump wrote that Canada wants "the benefits of a country without being a country."

The US imposed 50% tariffs on approximately $20 billion worth of Canadian goods early Saturday morning, after last-minute talks between the two countries failed. Canadian Prime Minister Mark Carney announced a "dollar-for-dollar" tariff response set to take effect on September 8, targeting steel, dairy products, electrical appliances, agricultural equipment, wood pulp, and electronics. US Trade Representative Jamieson Greer said Canada refused to complete the deal and that no new talks are planned. Carney accused Washington of last-minute changes to terms, which he called "unfair, uneconomical," and suspended negotiations. Trump responded in a post on Truth Social, writing that Canada wants "the benefits of being a country, without being a country." The tariffs are expected to affect about 5% of the goods Canada sends to the US annually. The political implications could be significant, and the move is expected to escalate the trade war between the two countries, which traded $880 billion in goods and services last year. Relations between Trump and Canada have long been tense over trade issues, NATO, and a dispute over a bridge in the Detroit area.