π US-Canada trade talks crash amid tariff threats
US-Canada trade negotiations broke down on Friday night, failing to reach an agreement on tariffs. President Trump threatened a 50% tariff on Canadian imports like cars and trucks starting January 1, 2027. Last week, Trump had given Canada a three-day grace period regarding $20 billion in goods. Canadian Prime Minister Carney noted that while progress was made, many issues remained unresolved. The situation signals a possible escalation in trade tensions between the two nations. π