{"id":53488,"date":"2026-08-23T07:32:26","date_gmt":"2026-08-23T01:47:26","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=53488"},"modified":"2026-08-23T07:32:26","modified_gmt":"2026-08-23T01:47:26","slug":"carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks-collapse","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/carney-calls-trumps-fresh-tariffs-a-miscalculation-after-trade-talks-collapse\/","title":{"rendered":"Carney calls Trump&#8217;s fresh tariffs a &#8216;miscalculation&#8217; after trade talks collapse"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><strong>BBC:<\/strong> Prime Minister Mark Carney has said a fresh wave of US tariffs on Canada is a &#8220;miscalculation&#8221; designed to &#8220;hurt and divide us&#8221;, after trade talks collapsed late on Friday.<\/p>\n<p>&#8220;They asked too much and they offered too little,&#8221; Carney told Canadians on Saturday morning, adding the country was now in a trade &#8220;war&#8221; after being hit with punishing new US duties.<\/p>\n<p>The prime minister confirmed he would match US tariffs &#8220;dollar-for-dollar&#8221; from 8 September, including levies on steel, dairy, appliances and electronics.<\/p>\n<p>The collapse of the trade talks upends a deeply integrated trading relationship between two allies, with no clear path to resolution.<\/p>\n<p>US President Donald Trump has yet to comment.<\/p>\n<p>Both countries were optimistic of a deal earlier in the week, but talks fell apart after both sides accused the other of making last-minute changes.<\/p>\n<p>Now that talks have broken down, Canada has been hit with new 50% US tariffs on a range of Canadian goods, in addition to existing US tariffs on Canadian steel, aluminium, automobiles and lumber.<\/p>\n<p>The new tariffs are limited in scope, covering about $20bn (\u00a315bn; C$28bn) of Canadian imports, or about 5% in total, including wine, dairy, cement, clothing and hockey equipment.<\/p>\n<p>The prime minister said Canada was retaliating &#8220;reluctantly&#8221; to protect its interests. Details of the counter-measures will be released in the coming days, he said.<\/p>\n<p>Leaders of other federal parties in Canada, including the Conservative opposition, voiced support for the prime minister, as have the leaders of some Canadian provinces.<\/p>\n<p>Tariffs &#8211; a tax placed on imports from other countries &#8211; have been a key component of Trump&#8217;s trade policy, with the US president arguing they will boost American manufacturing and create jobs at home.<\/p>\n<p>Critics, however, say tariffs have raised prices for American consumers and have disrupted and damaged the global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC: Prime Minister Mark Carney has said a fresh wave of US tariffs on Canada is a &#8220;miscalculation&#8221; designed to &#8220;hurt and divide us&#8221;, after trade talks collapsed late on Friday. &#8220;They asked too much and they offered too little,&#8221; Carney told Canadians on Saturday morning, adding the country was now in a trade &#8220;war&#8221; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-53488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53488"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=53488"}],"version-history":[{"count":2,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53488\/revisions"}],"predecessor-version":[{"id":53494,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/53488\/revisions\/53494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/19118"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=53488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=53488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=53488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}