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Canadian prime minister suspends trade talks with U.S., setting new 50% tariffs in motion

Trade negotiations between Canada and the U.S. have collapsed, resulting in immediate 50% tariffs on around twenty billion dollars worth of Canadian imports. Prime Minister Mark Carney cites unfair U.S. terms and vows to retaliate dollar fo...

NBC News· Aug 22, 2026 · 1:16 PM · 21 views

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Trade negotiations between Canada and the U.S. have collapsed, resulting in immediate 50% tariffs on around twenty billion dollars worth of Canadian imports. Prime Minister Mark Carney cites unfair U.S. terms and vows to retaliate dollar for dollar. Full story and more reels: https://newsreel.video #news #breaking #Canada #USTrade #tariffs #economy #internationalrelations

Originally reported by NBC News. Read the full story →

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