Carney Calls U.S. Trade Talks Nasty as Trump Threatens 50% Tariffs on $20 Billion
Updated
Updated · The New York Times · Aug 6
Carney Calls U.S. Trade Talks Nasty as Trump Threatens 50% Tariffs on $20 Billion
3 articles · Updated · The New York Times · Aug 6
Summary
Two weeks before proposed U.S. tariffs take effect, Prime Minister Mark Carney said trade talks with Washington were “nasty,” casting the dispute as a fight over Canadian jobs and businesses.
Trump triggered the latest exchange by calling Canadians and their leadership “nasty” in a Las Vegas speech, accusing Canada and other countries of unfairly using tariffs against the United States.
Last month, Trump signed an order to impose 50% tariffs on a wide range of Canadian products worth about $20 billion after refusing to extend the U.S.-Mexico-Canada free trade deal for another 16 years.
The White House has tied the new duties partly to Canada’s earlier retaliation against U.S. tariffs of up to 50% on Canadian steel, aluminum and automobiles, deepening pressure on Canada’s economy.