Canada suspends U.S. talks and retaliates with dollar-for-dollar tariffs

The breakdown follows days of negotiations over vehicles, trade agreements and other issues, leaving businesses on both sides facing greater uncertainty as the two neighbours’ trade relationship deteriorates.

Canada is pushing back against President Trump’s tariff strategy, but without shutting the door on negotiations. PIIE’s Mary Lovely explains why Mark Carney may have found the limits of US trade leverage and warns that America’s closest partners could increasingly diversify away from the U.S. (Source: Bloomberg)

Prime Minister Mark Carney says the federal government is still studying the United States' latest tariffs and import bans as it considers whether to adjust its own retaliatory tariffs.

Canada’s retaliation this week against President Trump’s tariffs was met with more American tariffs and a closed U.S. border on some Canadian products.

Canadian Prime Minister Mark Carney says Canada will move quickly to reduce its economic reliance on the United States as retaliatory tariffs took effect on roughly $20 billion worth of American goods. The tariffs match duties President Trump imposed on Canadian imports and follows months of strained relations and unsuccessful trade negotiations between the two countries. Amna Nawaz reports.

Canada struck back at U.S. President Donald Trump on Tuesday with tariffs on about US$20-billion worth of U.S. goods, in response to the latest round of tariffs on Canada. So far, Trump’s pressure has backfired, strengthening support for Carney rather than forcing concessions.

Canadian Prime Minister Mark Carney said Tuesday that Canada would move faster to reduce its economic reliance on the United States and deepen ties with Europe as retaliatory…

Canadian Prime Minister Mark Carney said it was a shame that trade talks with the US collapsed but that he would continue to fight to protect Canada's sovereignty, as his government's promised counter-tariffs on $20 billion worth of US exports took effect. Also in the segment, Cuba says economic damage from decades of US trade embargo has risen to a record $8 billion. 

Canadian Prime Minister Mark Carney said Tuesday that Canada would move faster to reduce its economic reliance on the United States as retaliatory tariffs took effect on about $20 billion worth of U.S. goods and the country braced for President Donald Trump’s response. FRANCE 24's Christopher Guly reports from Ottawa.

TORONTO (AP) — Canadian Prime Minister Mark Carney said Tuesday that Canada would move faster to reduce its economic reliance on the United States and deepen ties with Europe as retaliatory tariffs took effect on about $20 billion worth of U.S. goods and the country braced for U.S. President Donald

Carney defended the retaliation, saying Canada was matching the latest U.S. measures dollar for dollar while supporting affected workers and industries and accelerating efforts to expand trade with other countries.

OTTAWA — Canada's retaliatory tariffs on U.S. goods took effect after midnight on Tuesday, intensifying an 18-month-old trade war and spurring Prime Minister Mark Carney to urge a further shift away from the country's biggest trading partner. The Canadian levies follow 50 percent tariffs the United States imposed on some $20 billion of Canadian goods last month, after several rounds of negotiations collapsed. The breakdown has widened a rift between the longtime allies, both of whom have blamed the other for the failed talks. "We have everything we need to pivot and prosper," Carney said on Tuesday in a video posted on YouTube after the tariffs came into effect. "That pivot will come at a cost. There's always a cost to action. But it doesn't come close to the cost of standing still," he said. A government source said there are currently no talks between the two sides on the level of ministers or government officials. Ottawa designed the retaliatory measures to put economic and political pressure on Washington, Canadian government officials said, and the tariffs are expected to hit secto

Canadian Prime Minister Mark Carney says Canada would move faster to reduce its economic reliance on the United States as retaliatory tariffs took effect on about $20 billion worth of U.S. goods and the country braced for President Donald Trump’s response

Prime Minister Mark Carney said he doesn’t believe in escalating the trade war with the US, but he argued counter-tariffs are necessary to cushion the blow for Canadian businesses and workers.

Canada imposed tariffs of up to 50% on hundreds or products from the US as Prime Minister Mark Carney bets that standing up to President Donald Trump will help with Ottawa's negotiating position. It's not clear how the US will respond to this move yet. Bloomberg's Derek Decloet reports. (Source: Bloomberg)

OTTAWA, Sept 8 (Reuters)—Canada’s retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country’s biggest trading partner after negotiations collapsed last month, intensifying an 18-month-old trade war. The counter-tariffs cover $20 billion of U.S. goods, with duties ranging from 15% to 50% across products...

Canada struck back at U.S. President Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada.

Canada's tariffs on hundreds of US products is a calculated risk for Prime Minister Mark Carney. US officials have repeatedly said they won’t tolerate retaliation, but declined to specify how or when US President Donald Trump may respond with fresh measures of his own. Bloomberg's Brendan Murray explains the situation. (Source: Bloomberg)

Canada’s retaliatory tariffs on about $20 billion worth of U.S. goods take effect Tuesday, turning its escalating trade war with President Donald Trump into a test watched far beyond the border: Can a country much smaller than the United States stand u...

Canada struck back at Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods.

Canada struck back at U.S. President Donald Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada.

Canadian Prime Minister Mark Carney has risked further escalation of the conflict with the US by matching Donald Trump’s tariffs tit-for-tat.

Canadian Prime Minister Mark Carney has risked further escalation of the conflict with the US by matching Donald Trump’s tariffs tit-for-tat.

Canadian Prime Minister Mark Carney has risked further escalation of the conflict with the US by matching Donald Trump’s tariffs tit-for-tat.

Trade negotiations broke down last month, setting off tit-for-tat tariff threats.

Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insultsUS politics live – latest updatesMark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada.Days before Canada is due to retaliate against Trump’s sweeping tariffs with its own duties on US goods, the Canadian prime minister criticized US officials for insulting his country. “It is beneath their office,” he said. Continue reading...

US Canada trade negotiations remain stalled as Prime Minister Mark Carney maintains a tougher stance against President Donald Trump and retaliatory Canadian tariffs approach. On Bloomberg This Weekend, Bloomberg News White House Correspondent Jeff Mason also discusses recent departures from Trump’s White House, including press secretary Karoline Leavitt, as the administration heads toward the midterm elections. (Source: Bloomberg)

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. The threat underscores the prospect of a spiraling trade war between the two nations. Bloomberg's Jill Disis breaks down the situation. (Source: Bloomberg)

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. (Source: Bloomberg)

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US on Saturday.

Prime Minister Mark Carney accused the US of trying to subordinate Canadian industry

Tensions between Canada and the US have ramped up in recent days.

Canada's government said it would impose tariffs on some 700 US goods as of next month, amid the latest trade spat between Donald Trump and Mark Carney.

Prime Minister Mark Carney matched dollar-for-dollar the new tariffs imposed by President Donald Trump over the weekend and announced support programs for Canadian businesses hurt by the escalating trade war.

Trade talks collapsed between Canada and the United States on Friday and Prime Minister Mark Carney said Ottawa would be retaliating with “dollar-for-dollar” tariffs.

Canada is expected to unveil retaliatory tariffs on the U.S. on Tuesday, following President Trump’s new threats to escalate the trade war between the two countries. Prime Minister Mark Carney announced “dollar for dollar” retaliation after the Trump administration’s 50 percent tariffs on over $20 billion worth of Canadian goods went into effect on Saturday....

Trade talks collapsed on Friday night, when Carney withdrew from negotiations hours before Trump's 50 per cent tariffs on $20billion worth of Canadian goods were due to take effect.

Trade talks collapsed on Friday night, when Carney withdrew from negotiations hours before Trump's 50 per cent tariffs on $20billion worth of Canadian goods were due to take effect.

On Saturday, PM Mark Carney said Canada would retaliate with "dollar-for-dollar" counter-tariffs in areas including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.

Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs and Prime Minister Mark Carney accus

Prime Minister Mark Carney has vowed the government would impose dollar-for-dollar tariffs on American goods.

Mark Carney said on August 24 that Canada may need to move away from matching U.S. tariffs dollar for dollar and instead use more targeted retaliation aimed at protecting Canadian workers and businesses

Prime Minister Mark Carney stated on Monday that the country may need to pivot away from matching US duties dollar for dollar

Mark Carney accused Trump of wanting to "destroy" Canada's auto industry, and said he would only resume trade talks if the US comes with the "right attitude".

The U.S. is imposing a 50% tariff on $20 billion in Canadian goods. Canada vowed to retaliate with tariffs of their own that would go into effect on Sept. 8. Rob Russo, a Canadian correspondent for The Economist, joins CBS News to discuss.

Prime Minister Mark Carney said his government is still working on options for retaliating against US President Donald Trump’s new tariffs on Canadian goods, but added that he’s willing to continue trade talks if the US adopts the “right attitude.”

Canada was 'walking away from a bad deal,' Prime Minister Carney said in a statement, vowing 'dollar-for-dollar' tariffs in response to U.S. President Donald Trump’s levies.

Prime Minister Mark Carney’s decision to retaliate against U.S. tariffs has drawn praise from China, and exposed a rift in the Trump administration.

Not only Prime Minister Mark Carney suspended all negotiations with the U.S., he also announced dollar-for-dollar retaliatory tariffs on U.S. goods in response to the latest round of tariffs President Donald Trump placed on $28 billion worth of Canadian goods.  Host Caryn Ceolin speaks to Lori Turnbull, political science professor from Dalhousie University, to break […]

Canadian Prime Minister Mark Carney on Sunday said the U.S. attacked Toronto with tariffs, escalating a trade war that will impact residents on both sides of the border. “In recent days, the United States proposed new terms that were un-economic, unfair, and undermined the net benefits for Canada and called into question the reliability of...

Canada suspended trade negotiations, triggering President Trump’s 50 percent tariffs on a range of Canadian goods. Mark Carney said he would retaliate “dollar for dollar.”

Canada and the US were closing in on a trade deal earlier this week until the negotiations fell apart. Both sides blame each other for last-minute changes to the terms. Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imposed a 50 percent levy on 20-billion-dollars worth of Canadian goods. On Saturday, he addressed the nation for the first time since the talks collapsed, as Charlotte Lam explains.

Canadian PM Mark Carney announced retaliatory tariffs on the U.S., August 22, 2026, after trade talks collapsed. The breakdown on August 21 triggered new 50% U.S. tariffs on about $20 billion of Canadian goods.

Canada will impose tariffs on some U.S. goods in retaliation for 50% levies ordered by President Donald Trump on Canadian products, Prime Minister Mark Carney said on Saturday, after trade talks collapsed between the two neighbors. The “dollar for dollar” tariffs on imports of U.S. steel, electronics and other products, to take effect on September […]

Canada has halted trade negotiations with the United States due to perceived inequities in demands, leading to the US imposing hefty tariffs on Canadian exports. In response, Canada has unveiled countermeasures to address these tariffs. Prime Minister Carney criticized the US for its unreasonable requests while providing insufficient concessions. This escalation raises alarms about the future of economic collaboration between the two nations.

The US imposed 50% tariffs on about $20 billion worth of Canadian goods on Saturday, while Mark Carney said Ottawa would retaliate dollar for dollar beginning September 8.

Canadian PM Mark Carney accused the US of launching a trade war after talks collapsed. Canada will impose dollar-for-dollar tariffs on US goods as tensions deepen, prompting Ottawa to reduce its reliance on the US.

Canadian Prime Minister Mark Carney promised to match President Trump's new wave of tariffs "dollar-for-dollar." Olivia Rinaldi has more.

Canadian Prime Minister Mark Carney announced retaliatory tariffs on the United States, after walking away from a "bad deal" on trade in a deepening rift between the longtime allies.

By punching back, Canadian Prime Minister Mark Carney is taking an economic and political gamble, balancing short-term pain with longer-term strategy.

Canadian Prime Minister Mark Carney has announced retaliatory tariffs on US products after trade talks broke down with the US administration.

Canadian Prime Minister Mark Carney has announced retaliatory tariffs on US products after trade talks broke down with the US administration.

Canada Prime Minister Mark Carney on Saturday announced his country would impose “dollar-for-dollar” tariffs on U.S. goods — a retaliatory measure after trade talks between the two nations broke down.

Speaking from Ottawa a day after threatening to impose "dollar for dollar" tariffs on the United States, Carney said, “in the coming days, we will release the details of these new tariff measures, which will come into force the Tuesday after Labor Day.”

OTTAWA — Prime Minister Mark Carney says retaliatory tariffs will hit the U.S. starting next month after Canada walked away from what he called a "bad deal." The U.S.

Prime Minister Mark Carney announced “dollar for dollar” retaliatory tariffs on imports from the U.S. Saturday morning. New 50-per-cent tariffs were imposed by the U.S. after Canada withdrew from trade negotiations late Friday night.

The trade standoff between Ottawa and Washington has escalated as Canada announced tariffs on US products. The move comes in response to the US saying that tariffs would follow the collapse of talks.

Canada will impose retaliatory tariffs on US goods from September 8, Prime Minister Mark Carney said, after trade talks collapsed. Carney said the measures would be announced in the coming days and would match the new US tariffs dollar for dollar to protect Canadian workers and businesses.

OTTAWA — Prime Minister Mark Carney says retaliatory tariffs will hit the U.S. starting next month. The U.S. introduced new 50 per cent tariffs on billions of dollars in Canadian exports on Saturday after trade talks failed.

New 50 per cent tariffs on billions of dollars in Canadian exports to the US took effect at 12:01 a.m., and PM Carney vowed Canada would retaliate with equal measures of its own.

Canadian Prime Minister Mark Carney announced on social platform X that the country would be suspending its trade talks with the U.S., setting Trump's 50 percent tariffs into motion. "The U.S. intends to impose a 50% tariff on $28 billion of Canadian goods. Canada will match those tariffs dollar for dollar to protect our workers...

OTTAWA — A last-ditch effort to reach a new trade deal before a midnight tariff deadline failed Friday, as Prime Minister Mark Carney suspended talks with the United States and summoned his negotiators back to Ottawa.

OTTAWA — A last-ditch effort to reach a new trade deal before a midnight tariff deadline failed Friday, as Prime Minister Mark Carney suspended talks with the United States and summoned his negotiators back to Ottawa.

OTTAWA — The collapse of trade talks between Canada and the United States, the imposition of 50 per cent tariffs on $28 billion worth of Canadian goods and Prime Minister Mark Carney pledging dollar-for-dollar retaliatory tariffs triggered swift reaction from the nation's business community.

In response to unfair trade terms imposed by the United States, Canada has decided to suspend its trade negotiations. With significant tariffs on Canadian imports set to take effect at midnight, Prime Minister Carney announced that Canada will retaliate with equivalent tariffs. Negotiators are being recalled to Ottawa, reflecting the uncertainty in discussions as Canada now shifts its focus towards boosting domestic economic growth and seeking new international trade opportunities.