A potential deal between the U.S. and Canada fell apart Friday, leaving new tariffs to take effect, a move expected to escalate tensions between the Trump administration and America’s northern neighbor.
Beer, cheese and a long list of other Canadian imports become subject to new 50 percent tariffs at midnight Saturday.
Negotiators from the two countries had worked for weeks to reach a deal to avoid the tariffs, which President Donald Trump announced last month. Trump paused the implementation of the tariffs earlier this week as talks continued. But officials said late Friday night that a deal had not been reached and tariffs would go into effect.
Carney didn’t share details of the negotiation.
As bits and bites were leaked it became apparent that it was a crappy deal for Canada with the Auto sector being slowly suffocated and the Dairy Cartel untouched.
Was the negative reaction to the leaks the real reason Carney walked away.
