Carney: US’s last-minute move halts trade talks

Canadian Prime Minister Mark Carney accused the U.S. of making a last-minute attempt to restrict Canada's ability to negotiate independent trade deals, leading to the collapse of their negotiations. The breakdown occurred after the U.S. introduced new demands related to Canada's trading relationships, auto sector, and cultural protections. In response, Canada suspended negotiations and announced retaliatory tariffs targeting sectors including steel, dairy, and electronics, which will take effect after Labor Day.

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