Canada Halts Trade Talks, Matches U.S. Tariffs Dollar for Dollar

The U.S. imposed 50% tariffs on $28 billion of Canadian goods after negotiations collapsed. Prime Minister Carney suspended trade talks and pledged matching retaliatory tariffs. Carney blamed last-minute U.S. changes; the White House said Canada refused to finalize. No further talks are scheduled, leaving no clear path back to the table.