Hook Global
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Canada Fights Back! Carney DECLARES tariff war on Trump with major announcement
Posted
August 23, 2026
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August 23, 2026
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0:29Now PlayingTrade talks between Canada and the US have officially broken down. Canadian Prime Minister Mark Carney announced that Canada will suspend negotiations and impose reciprocal tariffs on US goods "dollar for dollar". This bold response comes after a fresh wave of US tariffs took effect on Saturday, following President Donald Trump's initial threat of a 50% levy on nearly $20 billion in Canadian imports. Carney publicly called the last-minute US terms "unfair" and "uneconomic," effectively walking away from the deal.
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