U.S. trade talks fell through, 50 per cent tariffs in effect on $28 billion of Canadian goods – CP24

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U.S. trade talks fell through, 50 per cent tariffs in effect on $28 billion of Canadian goods

New U.S. tariffs are now in effect following the last-minute collapse of trade negotiations. PM Carney says that he will be implementing retaliatory tariffs.

August 22, 2026 at 9:45a.m. EDT

‘This was not a good faith deal’: analyst on why tariff deal collapsedOpens in new window

06:36 · August 22, 2026 at 12:56p.m. EDT

Carney responds to trade deal collapse | Watch the full press conferenceOpens in new window

51:10 · August 22, 2026 at 12:46p.m. EDT

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01:31 · August 22, 2026 at 12:41p.m. EDT

‘We’ve got the reserves, we’ve got the resilience, we’ve got the plan, we’ve got the focus’: CarneyOpens in new window

01:33 · August 22, 2026 at 12:18p.m. EDT

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02:18 · August 22, 2026 at 12:00p.m. EDT

‘America is trying to break us so they can own us. That will never, ever happen’: CarneyOpens in new window

00:56 · August 22, 2026 at 11:39a.m. EDT

These are reasons why Canada-U.S. negotiations trade fell throughOpens in new window

02:19 · August 22, 2026 at 11:39a.m. EDT

‘They asked too much and they offered too little’: Carney on suspended U.S. trade dealOpens in new window

01:30 · August 22, 2026 at 11:23a.m. EDT

Speed limits increase across portions of Ontario highwaysOpens in new window

01:28 · August 22, 2026 at 10:38a.m. EDT

Canada promises retaliatory ‘dollar for dollar’ tariffs, trade war sharply escalatesOpens in new window

06:46 · August 22, 2026 at 10:00a.m. EDT