Just hours before Canada is set to impose counter-tariffs on $27.6 billion worth of U.S. goods, both sides have no plans for last-minute negotiations. The Prime Minister’s Office confirmed that there are no scheduled calls between Prime Minister Mark Carney and U.S. President Donald Trump on Monday, and Canadian trade negotiators are not expected to return to the table before the 12:01 a.m. ET Tuesday deadline. The counter-tariffs are anticipated to impact over 700 American products, ranging from 15 to 50 per cent, in response to Trump’s recent 50 per cent tariffs on Canadian goods following failed trade talks.
Industries most affected by U.S. tariffs, such as steel, dairy, and wood products, will face the highest counter-tariffs. U.S. Trade Representative Jamieson Greer, in an interview with CBC News, warned of possible U.S. bans on Canadian products in response to further retaliation from Canada.
Former Prime Minister Jean Chrétien expressed support for Canada’s counter-tariffs and suggested considering additional measures if needed to retaliate effectively. The Conservative party is urging transparency from the federal government regarding the impact of retaliatory tariffs on families and businesses, emphasizing the importance of providing clear information to Canadians. Ottawa has allocated $7.5 billion in support to aid workers and businesses amid the ongoing trade tensions.
Speaking to Fox News, Greer placed blame on Canada for the breakdown of talks and indicated that the future of negotiations depends on Canada. While Carney expressed openness to returning to the negotiating table, he emphasized the need for the U.S. to engage seriously in finalizing a trade deal. Trump has continued to criticize Canada, even suggesting cutting off all trade with the country, while targeting Canadian businesses in his social media posts.
Bombardier, a Canadian aircraft manufacturer, faced criticism from Trump, who demanded the company to build in the U.S. to access the American market. Despite Trump’s claims, Bombardier already operates a U.S.-based factory and serves a significant portion of its customers in the U.S.