Canada Vows Retaliatory Tariffs After Trade Talks With Trump Fail

Brief by Shorts91 Newsdesk / 05:06am on 22 Aug 2026,Saturday International

Canada has vowed to respond to US President Donald Trump’s 50% tariffs “dollar for dollar” after Washington and Ottawa failed to reach a trade agreement by the midnight deadline. Canadian Prime Minister Mark Carney accused the US of making unfair last-minute changes during negotiations. The talks had been extended by three days in an effort to reach a deal and avoid the higher tariffs. With no agreement secured, Canada is preparing measures to match the US duties, escalating tensions between the two major trading partners. The dispute could affect cross-border trade and increase economic uncertainty for businesses in both countries. (PC: AFP)

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