Canada announces counter-tariffs after US 50% duties

Canada announced counter-tariffs on Tuesday after Washington imposed 50% duties, extending a trade clash in which Prime Minister Mark Carney has broken off talks with the United States and ordered Canadian negotiators back to Ottawa.

Carney said Saturday, "We are masters in our own house." He has sought new trading partners, major projects and higher military spending, and is expected to discuss stronger ties with the European Union.

Carney, 61, became Liberal leader and prime minister in March 2025, succeeding Justin Trudeau, and won a general election a month later. He previously led the Bank of Canada and the Bank of England after working for Goldman Sachs.

The dispute carries economic risk for Canada because the country is heavily dependent on exports to the United States. Frederic Boily, a University of Alberta political science professor, said Carney may now face a more difficult phase managing the economic impact and his popularity.