US Canada Trade

Washington DC (Rajeev Sharma): Trade tensions between the two neighbouring nations escalated sharply on Saturday after the United States slapped a 50 per cent tariff on Canadian exports worth approximately $20 billion following the collapse of bilateral discussions. In immediate retaliation, Canadian Prime Minister Mark Carney condemned the aggressive protectionist move and affirmed that Ottawa will match the Trump administration's tariffs dollar-for-dollar to protect domestic industries and workers. The breakdown in talks marks a sudden deterioration in relations, arriving shortly after US President Donald Trump publicly indicated that an agreement remained achievable, pointing to a constructive working dynamic with Carney.…