Canada to match US tariffs dollar for dollar after trade talks collapse
- Canadian PM Mark Carney said on Friday Canada would match US tariffs dollar for dollar to protect workers and businesses.
- Carney said last-minute changes to US terms were unfair, uneconomic and called into question the reliability of any deal.
- The 50% US tariffs took effect on Saturday, affecting about $20 billion worth of Canadian products.
- US trade representative Jamieson Greer said Canada declined to finalise the deal under terms agreed earlier this week.
Source: moneycontrol.com
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