Canada says it will begin retaliatory tariffs on U.S. goods after Labor Day
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The U.S. imposed 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. Canada's leader said it will retaliate beginning Sept. 8.
In a call with reporters late Friday, U.S. Trade Representative Jamieson Greer said Canada had declined to finalize the trade deal under the terms that had been agreed to earlier this week. He told Fox News on Saturday that there are "no new planned talks with the Canadians."
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Trump says US and Canada have a trade deal, but key terms remain unclear
Canada and the United States have moved closer to finalizing a trade agreement that would avert threatened 50% U.S. tariffs