Trade talks between the US and Canada collapsed at the last minute, with Prime Minister Carney calling out the US for shifting terms unfairly just before a deadline. The fallout? New 50% tariffs on Canadian wine, dairy, and even hockey gear are now in effect — a sharp reversal from earlier optimism. The US claims Canada backed out of commitments, while Canada says the US made unreasonable demands, breaking trust. After months of tension since Trump’s tariff surge, businesses warn this deal breakdown could hurt both economies and American jobs. With no resolution in sight, the standoff continues — and neither side is backing down.
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