Canada to Impose Retaliatory Tariffs on U.S. Goods, PM Declares

Negotiations over the United States’ newly announced tariffs on Canada have collapsed, according to Canadian Prime Minister Mark Carney. Carney said the two countries will not "return to our old relationship." In response, Canada has announced it will impose retaliatory tariffs on U. S. goods. The decision marks a significant shift in the trade relationship between the two North American neighbors, potentially raising costs for U. S. exporters and consumers. While the specific tariff rates and affected products have not yet been disclosed, Canada plans to announce them shortly, signaling a new phase of trade tension and uncertainty for businesses on both sides of the border.