Mark Carney says U.S. "asked too much and they offered too little" on trade talks

After the U.S. imposed 50 percent tariffs on nearly $20 billion of Canadian goods, Prime Minister Mark Carney said Canada would impose matching duties on American products beginning September 8. In a Saturday address, Carney said Ottawa had walked away from negotiations because Washington’s latest proposal was one-sided and included late-stage conditions affecting car imports and Canada’s ability to reach other trade agreements. The talks, already postponed once, collapsed before the new U.S. tariffs took effect. The dispute between the longtime allies and major trading partners is escalating, and U.S. officials said no new negotiations are planned, blaming Canada for the failed outcome.