Canada-Canadian PM/US Tariff
Canada-Canadian PM/US Tariff
Dateline : Aug 22, 2026/File
Location : Canada;United States
Duration : 0'54
FILE: Ottawa, Canada - Date Unknown (CCTV - No access Chinese mainland)
1. Various of Parliament Hill, pedestrians, traffic
FILE: Windsor, Ontario, Canada - April 2025 (CGTN - No access Chinese mainland)
2. Various of Ambassador Bridge at Canada-US border; traffic; road sign; Canadian, U.S. national flags
FILE: Vancouver, Canada - 2025 (CCTV - No access Chinese mainland)
3. Aerial shots of port scene, containers, buildings
FILE: Washington D.C., USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
4. Various of White House, U.S. national flag
5. Various of Capitol building, U.S. national flag
Canadian Prime Minister Mark Carney on Saturday delivered a nationally televised address outlining Canada's position after trade talks with the United States broke down, announcing that Ottawa's "dollar-for-dollar" retaliatory tariffs on 20 billion U.S. dollars' worth of American goods would take effect on Sept 8.
The prime minister said the counter-tariffs will cover a wide range of sectors, including dairy, steel, appliances, pulp and paper, and electronics.
The United States and Canada failed to reach a trade deal on Friday, and the United States imposed a 50-percent tariff on 20 billion U.S. dollars' worth of Canadian goods on Saturday which took effect just after midnight (0400 GMT).
Explaining why negotiations broke down at the last minute, Carney said that while both sides were close to a mutually beneficial agreement earlier this week, the U.S. side introduced last-minute changes that were "unfair, uneconomic and called into question the reliability of any deal."
The U.S. side's repeated disregard for existing free trade agreements, such as the Canada-United States-Mexico Agreement (CUSMA), sends a bad signal to international businesses and is "certainly not good news" for the agreement's future renewal, Carney warned.
The rift comes as the United States, Mexico and Canada are trying to renew the CUSMA, a trade agreement that Trump negotiated in his first term and once praised as a triumph.
The United States has begun formal talks with Mexico to revamp the agreement, but negotiations with Canada have not yet begun.
The CUSMA is a trilateral trade pact that replaced the North American Free Trade Agreement when it took effect on July 1, 2020. On July 1, 2026, the United States officially declined to renew the agreement for another 16-year term, triggering an annual review process until the pact expires in 2036.
When asked why Canada was entering a trade dispute, the prime minister replied flatly: "Because we were attacked."
Carney reiterated his confidence in Canada's economic resilience, pointing out that Canada is creating jobs at four times the rate of the United States, with foreign direct investment reaching a 20-year high.
"Canada is becoming stronger and less dependent on America," he said.
ID : 8495589
Published : 2026-08-23 05:27
Last Modified : 2026-08-23 16:40:07
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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