Carney says retaliatory tariffs on U.S. to take effect next month
OTTAWA — Prime Minister Mark Carney says retaliatory tariffs will hit the U.S. starting next month.
The U.S. introduced new 50 per cent tariffs on billions of dollars in Canadian exports on Saturday after trade talks failed.
Carney suspended talks with the United States and summoned his negotiators back to Ottawa.
Speaking to reporters on Parliament Hill on Saturday, Carney said Canada is walking away from a “bad deal” with the U.S. and will diversify trade abroad.
