{"id":221637,"date":"2026-08-22T23:16:29","date_gmt":"2026-08-22T23:16:29","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/canadian-prime-minister-mark-carney-calls-new-u-s-tariffs-a-miscalculation-after-trade-talks-collapse-nbc-news\/"},"modified":"2026-08-22T23:16:29","modified_gmt":"2026-08-22T23:16:29","slug":"canadian-prime-minister-mark-carney-calls-new-u-s-tariffs-a-miscalculation-after-trade-talks-collapse-nbc-news","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/canadian-prime-minister-mark-carney-calls-new-u-s-tariffs-a-miscalculation-after-trade-talks-collapse-nbc-news\/","title":{"rendered":"Canadian Prime Minister Mark Carney calls new U.S. tariffs \u2018a miscalculation\u2019 after trade talks collapse &#8211; NBC News"},"content":{"rendered":"<p> news Alerts<br \/>There are no new alerts at this time<br \/>Canadian Prime Minister Mark Carney on Saturday morning called steep new U.S. tariffs on a wide swath of his country\u2019s goods \u201ca miscalculation\u201d after trade talks with Canada collapsed late Friday night.<br \/>The 50% duties went into effect at the stroke of midnight. Carney blamed the breakdown of talks on what he said were the Trump administration\u2019s \u201cuneconomic\u201d and \u201cunfair\u201d demands.<br \/>\u201cIn recent days, the United States proposed new terms that were uneconomic, unfair, and undermined the net benefits for Canada, and called into question the reliability of any deal. In short, they asked too much, and they offered too little,\u201d Carney told reporters at a press conference.<br \/>After weeks of talks, Carney on Friday<strong> <\/strong>announced that while important progress had been made, \u201cthat progress has not been enough to meet our objectives for Canadians.\u201d<br \/>\u201cAs a result, this evening, I have decided to suspend trade negotiations with the U.S. and have directed Canada\u2019s negotiators to return to Ottawa,\u201d Carney said in an emailed statement minutes before the deadline.<br \/>On Saturday, he thanked the negotiators, saying, \u201cThey\u2019ve worked hard in good faith, right up to the last minute, to defend the interests of Canadians,\u201d but ultimately they had to reject what he said was \u201ca bad deal.\u201d<br \/>The tariffs affect about $20 billion worth of U.S. imports from Canada, according to the U.S. trade representative\u2019s office. The import taxes will hit everything from hockey sticks to some building materials, liquors and certain kinds of clothing.<br \/>Carney said in Friday\u2019s statement that Canada will immediately retaliate against the U.S., matching \u201cthose tariffs dollar for dollar to protect our workers and businesses.\u201d<br \/>On Saturday, the prime minister said Canada was pursuing a \u201cfocused response,\u201d with tariffs on the U.S. \u201cconcentrated in sectors such as steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.\u201d The duties would take effect Sept. 8, he said.<br \/>Asked at the news conference why it felt like Carney was \u201cgoing to war,\u201d the prime minister responded, \u201cBecause we were attacked.\u201d <br \/>The White House did not immediately respond to NBC News\u2019 request for comment.<br \/>The failure by American and Canadian trade negotiators to reach a deal came after nearly two weeks of furious talks. It was also a dramatic reversal from Tuesday, <a href=\"https:\/\/www.nbcnews.com\/business\/economy\/trump-pauses-canada-tariffs-rcna593176\" target=\"_blank\">when President Donald Trump paused the tariffs<\/a> for three days, writing on social media that the two sides \u201chave a DEAL!\u201d<br \/>Officials on both sides had seemed optimistic about a deal up until the very last moment. On Thursday, the Canadian minister responsible for U.S. trade relations met with U.S. Trade Representative Jamieson Greer for several hours.<br \/>\u201cWe\u2019re very close, we continue to make progress and we\u2019re going to stay here and do the work that is necessary until we get to that point,\u201d Dominic LeBlanc told reporters as he left Greer\u2019s office late Thursday.<br \/>Canadian negotiators met again with their U.S. counterparts on Friday and talks stretched until the final hours of the day. Officials remained at the U.S. trade representative\u2019s office past 10:30 p.m. ET Friday. But ultimately, the two sides were unable to reach a compromise.<br \/>In his statement on Friday, Carney said \u201clast-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal.\u201d<br \/>\u201cWe have recognized from the beginning that America has changed, and that we will not return to our old relationship,\u201d Carney said. \u201cCanada has what the world wants. And we will not allow any nation to determine our future.\u201d<br \/>In a press conference Saturday, Carney elaborated on the \u201clast-minute changes\u201d that the U.S. requested to be made to the deal. He said one change was that Americans wanted to limit tariffs \u201cto autos only [and] &#8230; not include medium and heavy duty trucks, which is a big change.\u201d<br \/>Carney also said the U.S. introduced \u201cin the last hours efforts to restrict our ability to have other trade deals,\u201d noting that such proposals would have affected trade and security agreements Canada had struck with other countries. He added that American negotiators also sought \u201cto restrict our protections of our language, our culture, and in effect, our sovereignty,\u201d but he did not provide details on the issue.<br \/>The last-minute changes weren\u2019t the only reason Carney said he directed Canadian negotiators to withdraw, but, \u201cit was also a cumulative aspect, as I mentioned in my remarks, about the willingness in total to enter into a true economic partnership.\u201d<br \/>Greer said in a statement early Saturday that Canada \u201cdeclined to finalize the trade deal under the terms agreed earlier this week.\u201d<br \/>\u201cDespite the U.S. offer to Canada to receive the best treatment of any major exporter to our market, new demands and walk backs of other commitments by Canada have upended the careful balance reached in the past days,\u201d he said.<br \/>\u201cWe don\u2019t have new talks planned with the Canadians,\u201d Greer added in a Saturday-morning interview on Fox News. \u201cWe\u2019ve said enough, and so we\u2019ve taken countermeasures.\u201d He also said the U.S. would \u201crespond to Canadian retaliation.\u201d<br \/>Greer said that a point of contention was Canada continuing to maintain its retaliation against the United States \u201cincluding, among other things, flat-out prohibitions on certain American goods and services.\u201d Those bans, introduced by Canada\u2019s provinces on the sale of American alcohol, were introduced in 2025 in retaliation for earlier waves of Trump\u2019s tariffs on Canada.<br \/>As talks wore on this week, Carney\u2019s government faced some pushback from premiers of Canada\u2019s provinces back home.<br \/>Manitoba Premier Wab Kinew said the Canadian federal government should \u201cfight\u201d Trump.<br \/>A particular sticking point was a request from Carney to provincial premiers to lift their bans on American alcohol sales.<br \/>Quebec Premier Christine Fr\u00e9chette said Thursday that she was still \u201canalyzing\u201d the request, the<a href=\"https:\/\/www.cbc.ca\/player\/play\/video\/9.7315011\" target=\"_blank\"> CBC reported<\/a>. Other premiers, such as Ontario\u2019s Doug Ford \u2014 who leads the country\u2019s most populous region \u2014 did not make any public remarks on Thursday or earlier Friday.<br \/>However, Ford <a href=\"https:\/\/x.com\/fordnation\/status\/2091010417560551898\" target=\"_blank\">wrote on X <\/a>after Carney\u2019s announcement, \u201cThe prime minister has my full support for a strong response \u2014 tariff for tariff, dollar for dollar.\u201d Ford said Canada \u201cneeds to stand together more united than ever before.\u201d<br \/>\u201cWe didn\u2019t ask for this, but we\u2019ll keep fighting for as long as it takes,\u201d David Eby, the premier of British Columbia, <a href=\"https:\/\/x.com\/Dave_Eby\/status\/2091021294389305561\" target=\"_blank\">said on X.<\/a><br \/>\u201cNo one benefits from a trade war,\u201d Alberta Premier Danielle Smith <a href=\"https:\/\/x.com\/ABDanielleSmith\/status\/2091027693005340850\" target=\"_blank\">wrote on X<\/a>. \u201cAlberta will continue to advocate for a strong tariff free relationship between Canada and the U.S. and I will be urging the federal government to restart negotiations as soon as possible.\u201d<br \/>The prime minister had previously said Trump\u2019s threatened tariffs would amount to a \u201cdirect violation\u201d of the United States-Mexico-Canada Agreement, which Trump had negotiated and signed during his first term.<br \/>The U.S. Chamber of Commerce warned in a statement this week that \u201chigher tariffs would damage both economies, drive up costs for U.S. families, further disrupt critical supply chains, and risk the 13 million American jobs that depend on\u201d the North American trade pact.<br \/>After Carney\u2019s announcement on Friday, the Canadian Chamber of Commerce seemed to agree, calling it \u201ca body blow to North American competitiveness in this self-defeating trade saga.\u201d<br \/>\u201cAmericans will see their costs go up, and Canadians will see customers, investment and small businesses disappear,\u201d said Candace Laing, the president and CEO of the Canadian Chamber of Commerce.<br \/>The new tariffs were imposed under<a href=\"https:\/\/www.nbcnews.com\/business\/economy\/trumps-tariffs-court-appeal-can-tariffs-come-back-what-to-know-rcna229111\" target=\"_blank\"> Section 338 of the Tariff Act of 1930<\/a>, which has never been deployed before.<br \/>The law allows the White House to implement duties of up to 50% on any foreign trade partner that \u201cdiscriminates\u201d against U.S. commerce.<br \/>Nonetheless, the new Canada tariffs are all but certain to be challenged in court.<br \/>Canadian officials had been hoping to convince the White House to drop the Section 338 tariffs entirely. In addition to that goal, they had also been looking for a lower tariff rate on industrial products such as steel and aluminum that were imposed under Section 232 of the Trade Act, CBC News and Bloomberg have reported.<br \/>On Wednesday, Bloomberg reported that American negotiators had agreed to lower the current tariffs on cars and metals from 25% to 15%.<br \/>In his statement early Saturday, Greer said that the U.S. had offered \u201csignificant tariff reductions on steel, aluminum, autos, and lumber,\u201d without providing specifics. \u201cThis is a missed opportunity for Canada to partner with the United States,\u201d he said.<br \/>Spokespeople for Canadian officials involved in the talks have repeatedly declined to provide additional details about the negotiations to NBC News.<br \/>But Greer previously said that the new 50% duties on Canada were effectively payback for Ottawa\u2019s retaliation against prior tranches of Trump\u2019s tariffs.<br \/>\u201cThe policy basis for those duties are related to measures that Canada took against the United States,\u201d Greer<a href=\"https:\/\/www.cbc.ca\/news\/politics\/greer-retaliation-trade-deal-tariffs-9.7307407\" target=\"_blank\"> said last week<\/a>. \u201cSo I\u2019ve got two countries in the world that have retaliated against the United States for trade measures: the People\u2019s Republic of China and Canada. That\u2019s not the kind of company you really want to be running in.\u201d<br \/>Last year, Trump briefly responded to China\u2019s retaliation by raising tariffs into the triple digits. Talks between Treasury Secretary Scott Bessent and China\u2019s vice premier over months eventually defused the tensions and tariffs were lowered.<br \/>Steve Kopack is a senior reporter at NBC News covering business and the economy.<br \/>Alexandra Marquez is a politics reporter for NBC News.<br \/>&copy;&nbsp;2026 NBCUniversal Media, LLC<\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMihgFBVV95cUxPa2RBa0xGOG9rdlNQbG53UEhIMXVBb2lhVllhVmRqUzU2bFZpX1RtV3ZMMXZkbXpFMEFpMV9oT0M3aEpMbzdzcWw1SFlaVWNqWGJZYzJ2bml0djNLSG5jQk41WjNVV1FBR3RUdm1PQ1AtanRLcmxYcXctdVBqVU92Q0lydWdrdw?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>news AlertsThere are no new alerts at this timeCanadian Prime Minister Mark Carney on Saturday morning called steep new U.S. tariffs on a wide swath of his country\u2019s goods \u201ca miscalculation\u201d after trade talks with Canada collapsed late Friday night.The 50% duties went into effect at the stroke of midnight. Carney blamed the breakdown of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":221638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-221637","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/221637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=221637"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/221637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/221638"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=221637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=221637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=221637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}