Trade talks between the United States and Canada collapsed Friday.
With President Donald Trump’s 50% tariffs taking effect the following day, Prime Minister Mark Carney quickly responded with retaliatory measures that go into effect in September.U.S.
Customs and Border Protection sent out guidance for importers saying that the tariffs, which Trump first announced last month, would go into effect Saturday.
They impact about $20 billion of Canadian goods, including hockey sticks, building materials, clothing, beer, and cheese.Negotiators from both countries had worked for weeks to reach a trade deal, leading up to a three-day extension of the original tariff deadline.
At the time, Trump suggested that an agreement had been reached, writing on Truth Social on Tuesday that he had “paused” the …
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