Trade negotiations between two major North American partners collapsed late last month, leaving both sides pointing fingers as tensions escalated. Canada announced plans for retaliatory tariffs on certain U.S. products following Washington’s imposition of steep duties, deepening an economic standoff. The breakdown underscores growing friction over trade policies and the challenges of resolving disputes between longstanding allies. With both countries preparing to enforce new measures, businesses and consumers may face higher costs amid the unresolved dispute.
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 ...
