Carney Warns U.S. of Retaliatory Measures Unless Tariffs Are Lifted
Canadian officials have intensified negotiations with the U.S. over steel and aluminum tariffs, with Finance Minister Carney emphasizing the need for a resolution that serves Canada''s interests. Despite ongoing discussions, no agreement has been finalized. Carney warned that retaliatory measures remain an option if the U.S. does not lift its tariffs.
The G7 summit in Alberta is seen as a critical juncture for bilateral talks. Carney stressed the importance of upholding the Canada-U.S.-Mexico trade agreement, signed in 2020, and highlighted potential cooperation in aerospace, defense, and aluminum sectors.