Mark Carney, on U.S.-Canada trade talks, says "the Americans want to destroy our major industries"

Prime Minister Mark Carney rejected the U.S.-Canada trade terms under discussion, saying Washington’s negotiating demands endangered key Canadian sectors such as vehicles, steel, and aluminum. His remarks came as the conflict escalated after talks collapsed: President Donald Trump imposed 50% tariffs on $20 billion of Canadian goods, threatened more on Canadian cars, parts, and steel, and said he was considering renaming Lake Ontario “Lake America.” Carney also suggested Canada could drop its strategy of matching U.S. tariffs one-for-one and instead use targeted retaliation. Canadian cabinet ministers were expected to outline support for workers affected by the duties. The two countries trade heavily with each other, and production networks span the border, so a prolonged dispute could raise prices and disrupt businesses on both sides.