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Fox Business·3 min read·medium

Trump blasts Canada on Truth Social after trade negotiations collapse

M
Michael Sinkewicz
Trump blasts Canada on Truth Social after trade negotiations collapse
AI Summary

President Trump has criticized Canada following the collapse of trade negotiations and the implementation of 50% tariffs on Canadian imports. Canadian Prime Minister Mark Carney has suspended talks, citing a 'power play' by the U.S. and vowing retaliatory tariffs on various sectors.

Why it matters

The breakdown in trade relations between the U.S. and Canada threatens significant economic disruption across North American supply chains and manufacturing sectors.

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President Donald Trump lashed out at Canada early Sunday in his first public comments since trade negotiations between the two countries collapsed, accusing Ottawa of wanting the "benefits of being a State, without being one." "Canada wants the benefits of being a State, without being one!!!" Trump wrote on Truth Social. "They have also charged our great farmers, for many years, massive amounts of Tariffs," he added. "No more!!!" The comments come a day after Canadian Prime Minister Mark Carney suspended negotiations with the U.S. and ordered Canada's trade team back to Ottawa as Trump's 50% tariffs on roughly $20 billion worth of Canadian imports took effect early Saturday. CANADA'S CARNEY SAYS US MADE LAST-MINUTE ‘POWER PLAY’ AS TRADE TALKS COLLAPSE; RETALIATORY TARIFFS IN PLACE For its part, Canada has vowed to retaliate. Carney said Friday that Ottawa plans to match the U.S.

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