Negotiations between two major trading partners collapsed late last month after both sides accused each other of obstructing progress, escalating tensions as Canada prepared retaliatory tariffs against certain U.S. imports. The breakdown follows Washington’s imposition of steep duties on key Canadian exports, prompting Ottawa to announce countermeasures targeting American goods. With both nations pointing fingers, the standoff threatens to deepen trade friction and disrupt cross-border commerce. The impasse raises questions about whether diplomatic efforts can reverse the course before economic penalties take effect.
The two countries failed to reach a trade deal late Aug. 21, with each side blaming the other as Canada readied tariffs on some U.S. goods in retaliation for 50 percent levies ordered by Trump ...
