|
|
|
|
|
Win McNamee/Getty Images
|
|
|
|
|
|
|
|
|
|
Toronto, Washington, Ottawa
|
|
|
Trade negotiations between Canada and the United States fell apart late Friday just minutes before a midnight deadline, meaning U.S. President Donald Trump’s administration will go ahead with new 50-per-cent tariffs on US$20-billion worth of goods and Canada will respond with new tariffs of its own.
|
|
|
Prime Minister Mark Carney said in a statement that while important progress was made during the trade talks, he said he has decided to suspend trade negotiations and directed Canada’s negotiators to return to Ottawa.
|
|
|
“They have worked hard, in good faith, to defend the interests of Canadians throughout these negotiations up until the very last minute. However, last-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal,” he said.
|
|
|
“At midnight tonight, the U.S. intends to impose a 50 per cent tariff on roughly $28-billion of Canadian goods. Canada will match those tariffs dollar for dollar to protect our workers and businesses. In the coming days, the government will introduce additional measures to support Canadian workers and businesses, building on the nearly $25-billion in support provided over the past 18 months,” he said.
|
|
|
Ontario Premier Doug Ford, who had avoided commenting in public this week on the trade talks, expressed his support for the Prime Minister’s plans for retaliation.
|
|
|
“Team Canada needs to stand together more united than ever before,” he said in a post on social media. “The prime minister has my full support for a strong response—tariff for tariff, dollar for dollar. As we fight to protect Canadian sovereignty and economic security, everything needs to be on the table. Ontario is ready to do its part.”
|
|
|
|
|