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‘Everything on the table’ as Canada plans response to US tariffs

‘Everything on the table’ as Canada plans response to US tariffs

Canadian Prime Minister Mark Carney says “everything is on the table depending on the outcome of the negotiations” as the country’s trade dispute with the United States intensifies. Carney’s comments come after he met with his provincial and territorial counterparts on Thursday to discuss a response after the Trump administration announced new 50% tariffs on

Canadian Prime Minister Mark Carney says “everything is on the table depending on the outcome of the negotiations” as the country’s trade dispute with the United States intensifies.

Carney’s comments come after he met with his provincial and territorial counterparts on Thursday to discuss a response after the Trump administration announced new 50% tariffs on about C$20 billion in Canadian imports.

He said trade talks with Washington are intensifying ahead of Aug. 19, when new U.S. tariffs take effect.

Some provincial leaders have pushed for stronger action and faster results from Ottawa in trade negotiations.

Carney said options included continuing to diversify trade outside the United States and helping sectors most exposed to tariffs.

In terms of a direct response, he said that “there is a wide range of things we can do in that regard,” but did not elaborate on possible punitive measures.

“We’re going to support Canadian workers, families and businesses, period,” he said.

The United States announced the new taxes on Monday, citing what it called “unequal treatment” of American cars, dairy and alcohol by Canada.

On the target list are everyday consumer items such as wine and hockey sticks, as well as industrial goods such as cement. However, several key exports will be spared, including energy, potash, critical minerals and fish.

The two sides have about a month to negotiate before the taxes take effect.

Carney said the deadline is “both” a pressure tactic by the Trump administration and an opportunity to move talks forward.

Talks between the United States and Canada to renew the North American free trade agreement with Mexico – known as USMCA – have made slow progress recently.

Earlier this year, the United States decided not to renew the USMCA in its current form as it sought to make changes to the agreement, which was reached during Trump’s first term.

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