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World · Important news for 4 September 2026

World

Canada to resume trade talks with U.S. only when Americans are ready, Carney says

Bloomberg · CNBC

Canada has enacted dollar-for-dollar retaliatory duties on U.S. goods taking effect next week, while Prime Minister Mark Carney stated that trade talks will resume only when American counterparts are ready and conditions ensure Canadian automotive and steel sectors stay competitive.

  • Canada enacted dollar-for-dollar retaliatory duties on U.S. goods taking effect next week.
  • Canada stated trade talks will resume only when American counterparts are ready.
  • Mark Carney expressed openness to a US trade pact.
  • Competitiveness for Canadian auto and steel is set as a condition.

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