U.S. Trade Rep Greer blames Canada for failed tariff talks: ‘They wanted more’
Canada said U.S. negotiators demanded concessions on trucks, culture and French-language protections, while nearly $29 billion in goods was at stake, officials said.
- The United States and Canada have slid into a full-blown trade war as long-running negotiations recently collapsed, with both sides blaming the other for making last-minute demands while existing tariffs on automobiles, aluminum, and steel remain in place.
- President Donald Trump escalated the conflict, citing a '60 Billion Dollar Deficit,' and threatened to double tariffs on Canadian automobiles to 50% by January 2027 while writing on Truth Social, 'Build in the U.S. and there are ZERO TARIFFS.'
- Prime Minister Mark Carney announced Canada is imposing retaliatory tariffs on about $20 billion in U.S. goods, effective September 8, targeting steel, dairy, and agricultural equipment among the affected products.
- Trade Representative Jamieson Greer told CNBC on August 24, 'We offered them the best access to the United States... but they came in and they wanted more,' as U.S. consumers face higher prices from the tariffs.
- While the Supreme Court previously threw out earlier tariffs, observers warn of long-term damage to business relationships; Carney recently called ships one of the 'many, many, many things' America needs from its northern neighbor.
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How Trump-Canada Trade Deal Unraveled In Just 72 Hours
ZUMAPRESS.com / MEGAZUMAPRESS.com / MEGA The relationship between the U.S. and Canada seemed to be moving toward better ground last week, as both countries appeared set to agree on the terms of a comprehensive trade deal. However, the whole thing fell through, resulting in a blame game between both parties and a strained relationship that could threaten more than $1 trillion in North American trade. Relations between the neighbors have become ic…
At Issue | Carney’s decision to abandon trade talks
At Issue special edition: Canada-U.S. trade talks collapse and President Donald Trump threatens even more tariffs. Was it the right decision for Prime Minister Mark Carney’s government to walk away and is a deal still possible?
Canada has responded this Tuesday to the US trade war with the imposition of tariffs on US products of between 15% and 50% for key industries such as steel or the technology sector. Ottawa’s retaliation charges will come into effect on September 8, a schedule previously presented by Prime Minister Mark Carney after US President Donald Trump imposed on Saturday 50% tariffs on Canadian products such as automobiles, trucks of all sizes, automotive …
In the trade conflict with the US and US President Donald Trump, the Canadian government has announced retaliation tariffs.
Five Reasons the Collapse of the Canada Trade Deal Is a Win for America
KEY FINDINGS The jobs at stake are downstream. Fabricated products account for 97% of U.S. aluminum employment, and the two BLS categories covering aluminum sheet, plate, rolling, and extrusion together employ six times as many Americans as alumina refining and primary aluminum production. The deal’s final sticking point was whether those downstream products would be discounted to 25%, a rate at which, by CPA’s estimate…
There's a massive wildcard in the US-Canada trade war coming this November
Dave Chan/AFP via Getty Images; Jim Watson/AFP via Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.The dog days of summer don't mean the US and Canada are easing up their trade war.After talks between the sides fell apart, more tariffs were enacted or threatened over the weekend and on Monday. BI's Kelsey Vlamis and Truman Dickerson have a list of som…
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