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Standing on Canadian business

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26.08.2026

CALGARY—Canada, come get your baddies chain.

On Aug, 21, Prime Minister Mark Carney pulled his team out of the negotiations with the United States on a trade deal that would have averted 50-per-cent tariffs on Canadian goods that kicked in at midnight on Aug. 22. As reported by The Canadian Press, these latest tariffs will be applied to “roughly five per cent of all of Canada’s exports to the United States, to a value of roughly $28-billion annually.” On the menu are: agricultural products, building supplies, hockey equipment, wood products, alcohol, and dairy, to name a few. Please note that this is not the Canada-U.S.-Mexico deal, but a whim that U.S. President Donald Trump embarked on last month.

The deal fell through because the Americans—as they’ve done to Saudi Arabia this week and Iran this summer—reportedly tried to move the goalposts at the last minute. These additions apparently touched on our use of French and for the U.S. to have veto power over trade deals that Canada would otherwise negotiate as a sovereign nation. Shocking, not shocking if you read America’s 2025 National Security Strategy, which Brookings Institute describes as reorienting the U.S. towards “asserting a neo-imperialist presence in the region.”

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© The Hill Times