Canadian Prime Minister Mark Carney has announced a bold "dollar-for-dollar" retaliation against the United States, imposing sweeping tariffs on U.S. goods starting September 8. This dramatic escalation in the Canada-U.S. trade war follows the collapse of last-minute bilateral negotiations, prompting President Donald Trump to slap a massive 50% tariff on roughly $20 billion worth of Canadian exports. Carney declared that Ottawa will fiercely protect its industries and will not return to the negotiating table until Washington brings the "right attitude". The fierce standoff now severely threatens the historical economic alliance and continental free trade.
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