Canada pledges retaliatory tariffs as trade talks with US collapse
Canadian Prime Minister Mark Carney walked away from trade talks with the US following President Trump's tariff announcements, prompting Canada to pledge retaliatory tit-for-tat tariffs. Business owners in both Canada and the United States express deep anxiety and warn that import taxes and escalating trade policies could severely disrupt cross-border supply chains.
- Prime Minister Mark Carney walked away from trade talks with the US
- Canada pledged retaliatory tit-for-tat tariffs
- Business owners in Canada and the US report severe anxiety regarding rising import taxes
- Firms are warning that half their business could be lost due to tit-for-tat trade policies