EconomyGlobal National: Aug. 23, 2026 | Trump slams Canada for walking away from trade deal

Trade talks between Canada and the United States collapsed Friday, leaving major uncertainty ahead. The threatened 50% tariffs are now in effect, and Canada is preparing dollar-for-dollar counter-tariffs after Prime Minister Mark Carney accused Trump’s negotiators of demanding too much while offering too little. Trump is now airing his grievances, while the tariffs weigh on Canadian businesses and industries.

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