Canada to match new US tariffs dollar for dollar, Prime Minister Mark Carney says

Prime Minister Mark Carney announced that Canada will match new US tariffs dollar for dollar. In addition to these reciprocal tariffs, Canada has officially suspended trade talks with the US. Experts suggest that these actions could destabilize key industries, strain the diplomatic relations between the US and Canada, and create significant impacts across global markets. The decision marks a sharp escalation in trade tensions as Canada responds directly to the newly implemented US tariff measures.