Canada suspends trade talks with US over unfair terms

In August 2026, Canadian Prime Minister Mark Carney suspended trade negotiations with the United States, citing unfair last-minute changes to proposed terms. This decision came just before the U.S. was set to impose 50% tariffs on $28 billion worth of Canadian goods. Carney announced that Canada would retaliate by matching these tariffs dollar for dollar, aiming to protect Canadian workers and businesses amid escalating trade tensions.