WASHINGTON (TNND) — Canada will allegedly announce retaliatory tariffs against the United States on Tuesday, according to an official who shared the country’s plans with The Associated Press. This news is the newest in the escalating trade fight between the two countries, which has worsened since negotiations with the administration collapsed.
Prime Minister Mark Carney said on Monday that Canada may need to move away from matching the U.S. tariffs dollar for dollar. He instead insinuated that the country will use a more targeted retaliation against the U.S., aimed at protecting Canadian workers and businesses.
The dispute escalated again on Monday with President Donald Trump telling Canadian leaders to “fall in line” or face consequences that are “far WORSE” than the tariffs already imposed against the country. Trump threatened new 50% tariffs on Canadian vehicles, auto parts and steel.
Carney accused Washington of trying to subordinate Canada and said U.S. trade demands confirmed Canada’s fears that the United States was seeking to dismantle major Canadian industries.
“An attitude at the negotiation table that Canada is a subsidiary of the United States” is “not something we’re going to accept,” Carney said.
Carney was even more blunt with his words in French.
“We learned during the negotiations that the Americans want to destroy our major industries, including autos, steel and aluminum,” Carney said. “That was one of the main reasons we said no. It was a bad deal.”
Carney doubted the U.S.’s reliability as a partner, saying Canada was finding reliable partners “everywhere in the world, except in the United States. Except in the United States. And Russia.”