Politics
Trump and Carney Were Close to a Deal. Then Talks Fell Apart—What Happens Next Could Change North American Trade
WASHINGTON — A trade agreement that appeared within reach between the United States and Canada has collapsed at the final stage, triggering a sharp new escalation in the North American trade dispute. The United States imposed 50% tariffs on roughly US$20 billion worth of Canadian goods early Saturday after negotiators failed to finalize an agreement. The affected products represent just over 5% of Canada's exports to the United States, meaning the immediate economic impact is relatively limited
