The brief
Trade talks between the US and Canada collapsed Friday in part amid a last-minute standoff over cutting US tariffs on Canadian medium- and heavy-duty vehicles, people familiar with the matter said. New 50 per cent tariffs on billions of dollars in Canadian exports to the US took effect at 12:01 a.m., and PM Carney vowed Canada would retaliate with equal measures of its own. Key points and original sources are listed below.
- Trade talks between the US and Canada collapsed Friday in part amid a last-minute standoff over cutting US tariffs on Canadian medium- and heavy-duty vehicles, people familiar with the matter said.S1
- New 50 per cent tariffs on billions of dollars in Canadian exports to the US took effect at 12:01 a.m., and PM Carney vowed Canada would retaliate with equal measures of its own.S2
