Canada suspends trade talks with Trump over tariff dispute

Canadian Prime Minister Mark Carney has walked away from trade talks with the United States, choosing counter-tariffs over a deal he called unfair. Both sides blame each other for the breakdown. Carney said the U.S. made last-minute changes to a tentative agreement, which he described as a "power play." The U.S. responded by placing 50% tariffs on Canadian goods. The two countries have been close trading partners for decades, and about 70% of Canadian exports go to the U.S. Several American states, including Michigan and Ohio, depend heavily on that trade. Carney is one of the first world leaders to refuse a deal with the Trump administration. He now has to persuade Canadians that short-term economic pain will lead to better trade terms later.