Carney Says Canada Is Open To Talks After Trump Imposes New 50% Tariffs

Canadian Prime Minister Mark Carney on Monday said President Donald Trump's latest 50% tariffs on a number of key goods from his country are the latest in a series of actions that violate the North American trade pact but noted that Canada is prepared to engage with the U.S. to address any "outstanding issues." The tariffs, covering wine, dairy, cement, furniture, and ice hockey gear, go into effect in 30 days under Section 338 of the Tariff Act of 1930, which allows presidents to impose tariffs up to 50%. Carney: "Canada has made a series of detailed and comprehensive proposals to resolve this dispute and to modernize CUSMA... we stand ready to intensify those discussions in the coming weeks. This trade dispute has raised costs for families." Ontario Premier Doug Ford, by contrast: "If these tariffs proceed, Canada should respond tariff for tariff, dollar for dollar." U.S. Trade Representative Jamieson Greer: "Canada, unlike other partners and allies, continues to retaliate against the United States."