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 after U.S. President Donald Trump announced he would impose new 50 percent tariffs on all Canadian vehicles beginning in 2027. Trade talks between Ottawa and Washington broke down on Aug. 21, leading to new 50 percent U.S. tariffs on US$20 billion (CA$28 billion) of Canadian products taking effect on Aug. 22. Canada has said it will retaliate with counter-tariffs beginning Sept. 8….