Trade Talks Can Start When Memes Stop, Canadian PM Warns Trump
Canadian Prime Minister Mark Carney said trade talks with the United States will restart on one condition. American officials must stop posting memes and start being serious.
He spoke in Ottawa on Tuesday. Canada's retaliatory tariffs land in one week, and neither side has booked a meeting since talks collapsed in August.
Why US-Canada Trade Talks Collapsed
Canada walked out on August 21 and called its negotiators home. Carney said Washington wanted Canadian industries turned into subsidiaries of US firms, or wound down. He refused.
The US hit back a day later with 50% tariffs on Canadian goods worth roughly $20 billion. That number sounds big, but it only covers about 5% of the $382 billion Canada shipped south last year, US Census Bureau data shows.
To do so, the White House invoked Section 338 of the Tariff Act of 1930. The law lets a president hit countries that discriminate against US exporters. No president had ever used it.
