Canada Halts Trade Talks; 50% Tariffs Hit

Greer called the collapse a "missed opportunity for Canada," The New York Times reported.

Greer has previously framed the 50% duties as payback for Ottawa's retaliation against earlier rounds of Trump tariffs. "I've got two countries in the world that have retaliated against the United States for trade measures: the People's Republic of China and Canada," he said. "That's not the kind of company you really want to be running in."

The U.S. Chamber of Commerce warned this week that "higher tariffs would damage both economies, drive up costs for U.S. families, further disrupt critical supply chains, and risk the 13 million American jobs that depend on" the North American trade pact.

Kinew, the Manitoba premier, called Trump "erratic, he's irresponsible, and he's not to be trusted" and questioned giving up leverage by restoring U.S. alcohol sales in Canadian liquor stores. If forced to restore them, he said, Canadians should "let it sit on the shelf."

Conservative opposition leader Pierre Poilievre said "one-sided tariffs on Canadian industry would be a bad deal."

Carney has previously said Trump's threatened tariffs would amount to a "direct violation" of the United States-Mexico-Canada Agreement, which Trump negotiated and signed in his first term.