# ‘Not what anybody wanted to see’: Canadian businesses react as Canada-US trade talks fail

https://mins.news/en/video/29568

- Global News, 2026-08-23 02:30 UTC
- Economy
- Original: https://www.youtube.com/watch?v=LBlW5k6B1gI

> Hours after Prime Minister Mark Carney said Canada was “walking away from a bad deal” with the United States, business groups supported the federal government’s decision while issuing a stark warning. The new 50 per cent tariff will sharply raise export costs for many Canadian businesses, including lumber, steel and auto producers that had hoped talks would lower tariffs.

## Stories

- [Canada US trade and tariff tensions](https://mins.news/en/topic/canada-us-trade-tensions) — Markdown: https://mins.news/en/topic/canada-us-trade-tensions.md

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