Mark Carney says Canada will "match Washington’s new tariffs dollar for dollar" on U.S. goods

After negotiations with Washington collapsed, Canadian Prime Minister Mark Carney said his government would impose tariffs on U.S. goods equal to the 50 percent duty President Donald Trump placed on about $20 billion of Canadian products. Carney blamed the breakdown on U.S. conditions he called unfair, including limits on Canada’s ability to make trade agreements elsewhere and threats to Quebec’s language and culture. Canada’s countermeasures begin September 8, targeting steel, dairy, appliances, and other sectors. Trump dismissed Canada’s response on his social media platform. Analysts say the dispute will likely raise costs and prices, and could push some Canadian firms into bankruptcy. Because Canada sends nearly three-quarters of its exports to the U.S., the escalation carries substantial economic consequences for both countries.