Canada on Trump's Additional Tariffs: "We Are Not a U.S. Subsidiary"

[Financial News] Mark Carney, the Canadian prime minister who launched a tariff war after trade talks with the United States broke down, said he would not compromise despite Washington's threat of additional tariffs. He insisted that Canada is not a subsidiary of the United States.
According to foreign media including The Guardian, Carney referred to the trade talks at an investment event for the shipbuilding industry held on the 24th (local time) at Davie Shipyard in Lévis, Quebec, Canada. He said, "The goal of trade negotiations with the United States has always been to secure the best possible deal for Canadians, never to reach an agreement at any cost or on any particular timeline."
Carney explained, "We could not accept what the United States put forward, and we could not give them what they demanded." He added, "At the negotiating table, we cannot accept the attitude that Canada is a subsidiary of the United States, or that Canadian industry should be put at a disadvantage compared with U.S. industry, or that Canadian industry will face headwinds over time."
Last month on the 20th, the U.S. government said it would add a 50% tariff to $20 billion worth of Canadian imports, including dairy products, alcoholic beverages, machinery, textiles, cement, furniture and electronics, accusing Canada of discriminating against U.S. goods.
The United States and Canada continued negotiations through this month but ultimately failed to reach an agreement. The United States imposed the 50% tariff at 12:01 a.m. on the 22nd. In a national address on the 22nd, Carney said of the United States, "If you are attacked, you are at war, and we have been attacked." He then announced retaliatory tariffs on U.S. imports starting Sept. 8.
In response, U.S. President Donald Trump said on Truth Social on the 24th that "Canada has long been ripping off the United States" and announced that "starting Jan. 1, 2027, tariffs on Canadian passenger cars, large and small trucks, auto parts and all steel products will be raised to 50%." Trump warned that he would "no longer treat Canada as if it were one of the states."
Carney said Trump's announcement on the 24th was "not surprising," adding, "It is simply carrying out exactly what we had confirmed from the conditions they presented." He stressed, "We will not accept it."
However, Carney said, "If the United States comes to the negotiating table first with the right attitude toward our industry and a genuine partnership, then of course we will come to the negotiating table as well."


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