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USA, Canada

Canada–USA trade talks fail to reach agreement

Canadian Prime Minister Mark Carney said Canada had decided to suspend trade negotiations with the USA and had directed Canada’s negotiators to return. The Canadian side said that the conditions put forward by the USA at the final stage were ‘unacceptable’. The USA said that Canada had ‘made new demands at the last minute and withdrawn previous commitments, resulting in the failure to reach an agreement’. Ontario Premier Doug Ford criticised President Donald Trump of the USA for repeatedly changing the terms during the negotiations. In response to the USA imposing 50% tariffs from 22 August on approximately US$20 billion worth of Canadian goods, Prime Minister Carney announced that Canada would impose retaliatory tariffs on goods from the USA on a dollar-for-dollar basis with the USA tariffs. The measures are expected to take effect from 8 September and cover steel, dairy products, electronics, household appliances, agricultural equipment and other goods.

Source: Associated Press; SBS (Australia); Reuters; Prime Minister of Canada; Radio Canada International