Negotiations between the two nations collapsed late last month after both sides accused each other of obstructing progress, leaving tensions high as Canada prepared retaliatory tariffs against certain U.S. imports. The breakdown follows Washington’s imposition of steep duties on Canadian goods, escalating a trade dispute that threatens bilateral economic relations. With both countries digging in on their positions, the standoff raises concerns about broader market disruptions and potential long-term consequences for cross-border commerce. The impasse underscores deep divisions over trade policies amid ongoing diplomatic efforts to resolve the conflict.
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 ...
