Carney Cites US Along With Russia as Unreliable Partners Amid Tariff Row
Prime Minister Mark Carney named the United States along with Russia as unreliable trade partners, as trade tensions between Canada and the United States escalate. “We are seeking reliable partners around the world, and we’re finding them, except in the U.S. and Russia,” Carney told reporters in Quebec on Aug. 24. Carney’s comments came hours […]
TL;DR
- Prime Minister Mark Carney identified the U.S. and Russia as unreliable trade partners.
- The comments were made as trade tensions between Canada and the U.S. escalate.
- U.S. President Donald Trump announced new 50 percent tariffs on all Canadian vehicles starting in 2027.
- Trade talks between Ottawa and Washington broke down on August 21.
- New U.S. tariffs on US$20 billion of Canadian products took effect on August 22.
- Canada plans to retaliate with counter-tariffs beginning September 8.