"We Got Attacked": Canada's Carney Says US Launched 'Trade War'
Canadian Prime Minister Mark Carney has declared a 'trade war' with the United States after negotiations over a new trade deal collapsed. Canada plans to impose retaliatory tariffs on US goods, including steel and dairy, following the implementation of new US tariffs.
Why it matters
This escalation represents a significant breakdown in North American trade relations, likely impacting supply chains and consumer prices in both nations.
After the negotiations between Washington and Ottawa broke down on Friday, Canadian Prime Minister Mark Carney said that he walked away because of a 'bad trade deal' and vowed to slap retaliatory tariffs on the US on Saturday.Carney claimed that the US proposed new terms that were "uneconomic" and "unfair" and said that they undermined the net benefits for Canada.He accused US President Donald Trump of launching a trade "war" and said, "You're at war when you get attacked.
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