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Bangkok Post
Bangkok Post
Business

US-Canada trade talks fail, high tariffs kick in

Fifty-percent tariffs on imports of about $20 billion worth of Canadian products, threatened earlier US President Donald Trump, took effect on Saturday after trade talks broke down. (Photo: AFP)

WASHINGTON - Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.

Canadian Prime Minister Mark Carney vowed that his country would match the US tariffs “dollar for dollar to protect our workers and businesses”, after officials said late Friday that Washington and Ottawa had not managed to strike a deal.

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