No talks scheduled as Canada's counter-tariffs against U.S. set to take effect at 12:01 a.m.
Canada's counter-tariffs on over 700 American products are set to take effect, with no further trade talks scheduled between Prime Minister Mark Carney and U.S. President Donald Trump. These tariffs, ranging from 15-50%, are a retaliatory measure against Trump's earlier tariffs on Canadian goods, particularly impacting steel, dairy, and wood products. U.S. Trade Representative Jamieson Greer has warned of further retaliation if Canada proceeds.
Why it matters
The escalating trade dispute between Canada and the U.S., marked by reciprocal tariffs and a lack of diplomatic engagement, threatens economic stability for key industries in both countries and could lead to a broader trade war.
The Prime Minister's Office confirmed to CBC News that there are no calls scheduled between Prime Minister Mark Carney and U.S. President Donald Trump on Monday, and no plans for Canadian trade negotiators to return to the table ahead of the 12:01 a.m. ET Tuesday deadline.
That's when the counter-tariffs are set to hit over 700 American products.
What went wrong with U.S. trade talks, according to Canada's chief negotiator
The tariffs, which range from 15 to 50 per cent, come as a tit-for-tat response to Trump's latest 50 per cent tariffs on Canadian goods that he imposed last month after trade talks collapsed on the cusp of a deal.
The highest tariffs target industries hit hardest by tariffs from the U.S. They include steel, dairy and wood products.
U.S. trade rep disputes why talks fell apart | Canadian exclusive
Also covering this story
One other newsroom covered this event. We read that version too.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in