Canada Retaliates Against Trump Tariffs

The United States imposed 50% tariffs on about $20 billion in Canadian goods early Saturday after last-ditch trade talks with Ottawa collapsed. Prime Minister Mark Carney suspended negotiations and said Canada will match the U.S. duties “dollar for dollar” with retaliatory tariffs beginning Sept. 8. The U.S. levies cover about 5% of Canada’s annual exports to the United States, including alcohol, hockey equipment and tongue depressors. U.S. Trade Representative Jamieson Greer said Canada declined to finalize a deal; Carney said Washington made last-minute demands on autos, trade policy and sovereignty.