Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Chase Stokes Had ‘So Many Health Issues’ After Outer Banks

    August 22, 2026

    Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse

    August 22, 2026

    Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports

    August 22, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Wowie NewsWowie News
    • Home
    • Politics
    • Business
    • Entertainment
    • Sports
    Wowie NewsWowie News
    Home»Politics»Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse
    Politics

    Carney calls Trump’s fresh tariffs a ‘miscalculation’ after trade talks collapse

    Alex MaschinoBy Alex MaschinoAugust 22, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Carney’s speech on Saturday was his first address to Canadians after he announced late on Friday night that a deal would not be reached, accusing the Americans of making “last-minute changes” that were “unfair” and “uneconomic”.

    US negotiators, meanwhile, accused Canada of making “new demands and walk backs” on terms which had been previously agreed.

    On Saturday, US trade representative Jamieson Greer told Fox News there were no plans to resume talks.

    He added that the US had been prepared to cut some of its tariffs on Canada as part of the ill-fated deal.

    Carney, however, said the US presented “unacceptable” terms that were too restrictive, including curbing Canada’s ability to strike new trade deals with other countries.

    He also rejected the assertion that Canada had made last-minute requests: “We clarified what was on offer and were continually disappointed by the answers.”

    Doug Ford, the leader of Canada’s most populous province Ontario, backed Carney and said Trump “can’t be trusted”.

    British Columbia Premier David Eby said the US demand for restrictions on Canada’s ability to have other trade deal “would reduce us to the economic equivalent of the 51st state.”

    “It was never acceptable to Canadians,” Eby said.

    The Conservative opposition leader Pierre Poilievre also appeared to support Carney, calling the latest US levies “unjustified”.

    Quebec’s premier, Christine Fréchette, warned jobs would likely be lost as a result of the new US tariffs.

    “Behind these numbers are real people,” she said, vowing to introduce measures to support impacted sectors.

    Alberta Premier Danielle Smith, whose oil-rich province has worked to make inroads with the Trump administration, urged both sides to resume talks.

    The collapse comes after more than a year of on-again, off-again trade talks, which intensified in recent weeks after a US-imposed deadline to strike a deal or face further tariffs.

    The two countries were also engaged in a mandatory review of an existing North American free trade agreement, known as USMCA, with Mexico.

    The pact was signed by Trump during his first term to replace the 1994 North American Free Trade Agreement. It underpins $1.6tn (£1.2tn) in annual trilateral trade across Canada, the US and Mexico.

    Earlier this summer, Canada and Mexico had formally requested for USMCA to be renewed for another 16 years. The US, however, declined to renew it in its current form.

    Asked how Friday’s trade talk collapse would impact the North American free trade pact, Carney said it was “certainly not good news”.

    calls Carney collapse fresh miscalculation talks Tariffs trade Trumps
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Alex Maschino
    • Website

    Related Posts

    Palestinian-British girl, 6, dies days after family drowned off UK coast | News

    August 22, 2026

    El Niño set to be ‘strongest in living memory’, says Met Office

    August 21, 2026

    Funeral for 50 Palestinians recovered from Gaza rubble | Gaza News

    August 20, 2026
    Leave A Reply Cancel Reply

    Facebook X (Twitter) Instagram Pinterest
    • About us
    • Discailmer
    • Term And Conditions
    • Privacy Policy
    • Contact us
    © 2026 CopyRight. Designed by https://wowienews.com/.

    Type above and press Enter to search. Press Esc to cancel.