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Monday, October 19, 2026

“Canada Set to Impose Counter-Tariffs Amidst U.S. Standoff”

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Just hours before Canada is set to impose counter-tariffs on $27.6 billion worth of U.S. goods, there are no plans for last-minute negotiations between the two sides. The Prime Minister’s Office confirmed that there are no scheduled calls between Prime Minister Mark Carney and U.S. President Donald Trump, and Canadian trade negotiators are not expected to return to the table before the 12:01 a.m. ET Tuesday deadline when the counter-tariffs will take effect on over 700 American products.

These counter-tariffs, ranging from 15 to 50 percent, are a response to Trump’s recent 50 percent tariffs on Canadian goods imposed last month after failed trade talks. Industries heavily affected by U.S. tariffs, such as steel, dairy, and wood products, will face the highest tariffs.

In an interview with CBC News, U.S. Trade Representative Jamieson Greer warned of potential U.S. retaliation, hinting at the possibility of banning Canadian products if further retaliation occurs. Former Prime Minister Jean Chrétien expressed support for the counter-tariffs and suggested that Canada may need to consider additional measures, such as imposing export taxes in the future.

The Conservatives are urging transparency from the federal government regarding the impact of retaliatory tariffs on families and businesses. Conservative Leader Pierre Poilievre emphasized the importance of providing Canadians with factual information about the trade deal breakdown and its repercussions. Ottawa has announced $7.5 billion in support to assist workers and businesses during the ongoing trade tensions, in addition to the previous $25 billion in tariff aid.

Speaking to Fox News, Greer blamed the breakdown of talks on Canada and indicated that the future of negotiations depends on Canada’s willingness to resume discussions. While Carney expressed openness to re-entering negotiations, he highlighted the need for the U.S. to approach the talks seriously without casting doubt.

Trump has continued to criticize Canada following the failed talks, threatening to halt all trade with the country. He also targeted a Canadian aircraft manufacturer, Bombardier, insisting that the company must build in the U.S. to sell its products there. Bombardier already operates a U.S.-based factory in Kansas and a significant portion of its aircraft fleet is in the U.S.

Overall, the trade dispute between Canada and the U.S. remains unresolved, with both sides maintaining their positions as the deadline for counter-tariffs approaches.

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