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Low The Guardian Business · 2026-08-22 11:34

Canada vows to match Trump’s 50% tariffs after trade deal talks fail

Mark Carney accuses Washington of ‘unfair’ last-minute changes to deal, as US and Canada fail to reach agreement after three-day extension of talksCanadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal by the deadline of midnight on Fri…

Mark Carney accuses Washington of ‘unfair’ last-minute changes to deal, as US and Canada fail to reach agreement after three-day extension of talks

Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal by the deadline of midnight on Friday.

Canadian officials had worked hard in good faith but “last-minute changes in the US proposed terms were unfair, uneconomic and called into question the reliability of any deal”, Carney said in a statement.

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