US-Canada Trade Deal: The trade deal between America and Canada was cancelled. With this, there were obstacles in the future regarding trade between the two nations. Negotiations regarding the ongoing trade deal between America and Canada failed at the last moment. After the failure of this trade negotiation, America has decided to impose 50 percent tariff on goods worth about $ 20 billion imported from Canada. America on this new decision
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Canadian Prime Minister Mark Carney slammed the Trump government on America's new stance and also warned of retaliating.
According to reports, while giving information about the trade deal, US Trade Representative Jameson Greer said that Canada has now refused to finalize the terms on which it had agreed earlier.
PM Mark Carney said, conditions were changed by America
On the other hand, Canadian Prime Minister Mark Carney completely rejected the American stand, saying that the last-minute changes in the terms by the US were not only inappropriate and impractical, but also raises questions about the credibility of any agreement.
It is noteworthy that the US tariffs imposed on Canada were scheduled to come into effect at midnight on Wednesday, but the Trump administration had extended the deadline by three days to continue the talks. Despite this, both the parties could not reach any conclusion within the stipulated time.