Canadian PM Mark Carney Agrees to Intensify Trade Talks with Trump, Warns Canada Will Consider All Options Over 50% Tariff Threat
Canadian Prime Minister Mark Carney announced that he has agreed with US President Donald Trump to intensify bilateral trade negotiations. However, Carney emphasized that his government is actively evaluating all available countermeasures should Washington move forward with the proposed tariff hikes.
The escalated tensions follow President Trump's announcement on Monday regarding his intention to slap a 50% tariff on a broad array of Canadian goods entering the United States. Trump cited alleged discriminatory treatment of American automobiles, alcoholic beverages, and dairy products in the Canadian market as the justification for the trade penalty.