Canadian Prime Minister Mark Carney is set to announce his country’s retaliation to U.S. tariffs at 11 a.m.
Last week, negotiations between Canada and the Trump administration broke down in the final hour before President Donald Trump’s deadline. As a result, 50% tariffs on $20 billion in Canadian goods began on Saturday.
CARNEY OUTLINES LAST-MINUTE ISSUES WITH US-CANADA TRADE NEGOTIATIONS
Carney promised retaliation against the United States, announcing “dollar-for-dollar” tariffs, which are set to begin Sept. 8.