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In the United States and Canada around 24 August 2026, Trump threatened a 50% tariff on Canadian autos and trucks. Carney said the US needs to change its attitude, called the tariff threat unsurprising and said a trade deal remains possible.
Canada is retaliating against Trump's tariffs and sees a long trade war that may last beyond the US midterms. Firms in Canada and the US fear for their business, and Carney sounded the alarm over the auto industry as Ford threatened to cut off electricity and critical minerals to the US. Vance said trade talks between the US and Canada are continuing.
by WorldBrief & Maksim Micheliov | AI-generated summary
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