American tariffs on Canadian goods take effect after trade talks fall apart

CBC: Prime Minister Mark Carney said Ottawa would retaliate “dollar for dollar” after the White House delivered on its threat to impose crushing 50 per cent tariffs on a wide range of products. The two governments’ trade representatives said they had come close to finalizing an agreement in recent days, but Carney said Ottawa ultimately couldn’t accept the terms on the table.

“I have decided to suspend trade negotiations with the U.S. and have directed Canada’s negotiators to return to Ottawa,” the prime minister said in a statement…

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