Canada will match US tariffs 'dollar for dollar' as trade talks break down

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Canada suspends trade talks with the US and will match new tariffs 'dollar for dollar'.

New US tariffs on a wide array of Canadian goods took effect after trade talks broke down minutes before the deadline. Canadian Prime Minister Mark Carney said 'last-minute changes in the US proposed terms were unfair' and suspended negotiations, imposing reciprocal tariffs. The US had threatened a 50% levy on nearly $20bn of Canadian imports. Negotiators had discussed reducing US tariffs on Canadian steel and aluminum from 50% to 25% and on autos from 25% to 15%. Canada will be hit with new 50% US tariffs on wine, dairy, cement, clothing, and hockey equipment. The Canadian Chamber of Commerce called the tariffs 'a body blow to North American competitiveness'. Analysts estimate Canada could lose 90,000 jobs.

What commenters are saying

Commenters largely blame the breakdown on US unreliability under Trump, calling him a 'petulant child' and arguing the US is un-negotiable because commitments can be reversed within weeks or at every election. Several point out Canada holds leverage: it supplies 79% of US potash (critical for fertilizer) and most aluminum used by Tesla. A camp notes ordinary US citizens will bear the cost, and that some see harm as necessary for change. One commenter suggests using tariff revenue to subsidize exports elsewhere.