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Retaliation Against Trump Has Begun: Good-Neighborly Relations Have Descended Into a Bitter War, with Almost No Way Out in Sight

Summary by Portfolio
Gone are the days when some dreamed of a “North American Union” based on the NAFTA free trade agreement. Trade talks between Canada and the United States collapsed in the second half of August, even though Donald Trump had spoken a few days earlier that a “fair deal” was in the making. According to Canadian Prime Minister Mark Carney, the Americans’ unfair, sovereignty-violating, and last-minute demands had led him to recall the Canadian delegat…

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Gone are the days when some dreamed of a “North American Union” based on the NAFTA free trade agreement. Trade talks between Canada and the United States collapsed in the second half of August, even though Donald Trump had spoken a few days earlier that a “fair deal” was in the making. According to Canadian Prime Minister Mark Carney, the Americans’ unfair, sovereignty-violating, and last-minute demands had led him to recall the Canadian delegat…

·Budapest, Hungary
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Portfolio broke the news in Budapest, Hungary on Friday, September 11, 2026.
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