Mark Carney says U.S. trade stance would "destroy our major industries"

After Prime Minister Mark Carney broke off trade talks with the Trump administration late Friday, Washington threatened sweeping new duties and Ottawa readied its own response. President Donald Trump warned Canadian leaders to comply or face harsher measures, and proposed 50% tariffs on Canadian cars, parts, and steel. Carney responded that U.S. negotiating positions were meant to threaten the survival of core Canadian manufacturing sectors, including autos, steel, and aluminum, and that this was a major reason he rejected the deal. Finance Minister François-Philippe Champagne and other cabinet ministers were scheduled to announce Canada’s countermeasures Tuesday morning. The two economies are deeply integrated, especially in manufacturing and energy, so an extended clash could prove costly on both sides. Ontario’s premier said Canadians would endure sacrifices rather than yield; Trump then attacked him personally online.