Carney Wants Broader Tariff Relief as Trump’s New 50% Levy Looms
Canadian Finance Minister Mark Carney emphasized the need for broader tariff relief as the U.S. prepares to impose a 50% tariff on Canadian goods by August 19. He highlighted ongoing negotiations with U.S. officials to address trade irritants, including tariffs affecting key sectors. Carney warned of potential Canadian retaliation if the tariffs are enacted, asserting that negotiations are constructive.