Canada has suspended trade negotiations with the United States after Prime Minister Mark Carney rejected the latest U.S. terms, calling them “unfair” and “uneconomic.” The breakdown comes as the Trump administration prepares 50% tariffs on billions of dollars in Canadian exports, raising fresh concerns over the future of U.S.-Canada trade and the USMCA. President Donald Trump said a deal with Canada was still moving along, while Washington accused Ottawa of backing away from commitments. Carney says Canada will retaliate against U.S. tariffs and accelerate efforts to diversify its economy and trade partnerships. Here’s what happened and what could come next.
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