Trade negotiations between two North American nations collapsed late last month after both sides accused each other of obstructing progress, escalating tensions just as Canada prepared retaliatory tariffs against certain U.S. imports. The breakdown follows Washington’s imposition of steep duties on Canadian goods, prompting Ottawa to announce countermeasures targeting American products. With both countries trading blame, the impasse threatens to deepen economic friction between the longtime allies. The dispute centers on long-standing trade disputes that have left key sectors in both nations vulnerable to punitive measures.
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 ...