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Canada Suspends U.S. Trade Talks | Toronto News
Description
Canada just pulled the plug on U.S. trade talks, slamming the door shut with a 50% tariff on $28 billion in Canadian goods — and Canada’s not backing down. Prime Minister Carney says progress was nowhere near enough to meet Canadian goals, and negotiators are heading back to Ottawa. In retaliation, Canada’s hitting back with matching tariffs to shield workers and businesses — especially in Ontario’s auto and steel sectors. Ontario’s Premier Doug Ford is fully on board, calling it a united stand for Canadian sovereignty. Carney made it clear: Canada won’t let the U.S. dictate its economic future, even as America reshapes its own trade relationships. After 18 months of building a stronger, more independent economy and diversifying global ties, the deal fell apart at the last minute — with U.S. terms deemed unfair and unreliable. The U.S. ambassador says Canada missed a chance, but Carney’s focused on forging a new global economic path. Support is coming for Canadian businesses hit by the tariffs — and this moment? It’s a turning point for Canada’s economic destiny.
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