Canada suspends trade talks, vows 'dollar for dollar' tariff retaliation

At the edge of a midnight deadline, a year of careful negotiation between Canada and the United States gave way to silence — and then to tariffs. Prime Minister Mark Carney walked away from talks he deemed fundamentally unfair, and by morning, a 50% levy had settled over nearly $20 billion in Canadian goods. What unfolds now is not merely a trade dispute but a test of whether two deeply intertwined economies can sustain the weight of political mistrust — and whether the millions of livelihoods woven across their shared border will bear the cost of that answer.