Just hours before Canada prepares to impose counter-tariffs on $27.6 billion worth of U.S. goods, there are no plans for last-minute negotiations between the two sides. The Prime Minister’s Office confirmed that there will be no discussions between Prime Minister Mark Carney and U.S. President Donald Trump on Monday, and Canadian trade negotiators will not return to the table before the 12:01 a.m. ET Tuesday deadline. The counter-tariffs are expected to impact over 700 American products, ranging from 15 to 50 per cent, in response to Trump’s recent 50 per cent tariffs on Canadian goods following failed trade talks last month.
The industries most affected by the counter-tariffs are steel, dairy, and wood products, which were hit hardest by U.S. tariffs. In an exclusive interview with CBC News, U.S. Trade Representative Jamieson Greer warned of potential U.S. retaliation, hinting at the possibility of bans on Canadian products if further retaliation occurs.
Former Prime Minister Jean Chrétien expressed support for the counter-tariffs, suggesting that Canada might need to take additional measures. He highlighted the exclusion of certain products by the U.S. due to their critical importance, hinting at the potential imposition of export taxes in the future.
Conservatives are urging the Canadian government to be transparent about the impact of retaliatory tariffs on families and businesses. Conservative Leader Pierre Poilievre emphasized the importance of providing Canadians with information and a clear plan regarding the situation. The government has announced $7.5 billion in support to assist workers and businesses during the trade war escalation.
Speaking to Fox News, Greer blamed the breakdown of talks on Canada and indicated that the future of negotiations depends on Canada’s actions. Carney attributed the breakdown to unfair U.S. terms that disadvantaged Canada, emphasizing the need for a serious approach from the U.S. to resume negotiations.
Trump continued to criticize Canada, threatening to halt all trade with the country. He raised concerns about Canada’s exchange rate and made remarks regarding Canadian aircraft manufacturer Bombardier’s access to the U.S. market. Despite Trump’s statements, Bombardier already has a U.S.-based factory and significant operations in the country.