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Greer comments on Canada trade
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
U.S. Trade Representative Jamieson Greer blamed Canada for failed tariff talks, saying Ottawa changed demands at.
New 50% tariffs on $20 billion of Canadian goods took effect Saturday, escalating the.
Background
The U.S. and Canada have been in tense trade negotiations over the trilateral CUSMA pact, with the U.S. pushing 'America First' policies. Talks collapsed last week after Canada declined to finalize a deal, leading to new U.S. tariffs on Canadian goods. Canada has vowed to retaliate 'dollar for dollar.'
How it unfolded
- Aug 21, 2026Negotiators met through the day, with Canadian minister Dominic LeBlanc saying 'we're very close' but talks ultimately failed.
- Aug 22, 2026 00:01U.S. 50% tariffs on $20 billion of Canadian goods took effect after Canada declined to finalize a deal.
- Aug 22, 2026Greer detailed the U.S. offer in interviews, saying it included reduced tariffs on steel, aluminum, autos, and lumber.
- Aug 23, 2026Greer said no further talks are planned, and Trump lashed out on social media, saying 'No more!!!'
- Aug 24, 2026Greer told CNBC that Canada was responsible for the collapse, saying 'They wanted more.'
Who’s saying what
- Official
- Greer says Canada walked away from the 'best deal' and that the U.S. is protecting American workers and supply chains.
- Official
- Canadian PM Mark Carney called the proposed terms 'unfair' and vowed to retaliate 'dollar for dollar.'
- Analysts
- Trade experts predict the tariffs could cause some job losses, but the biggest impact may be political, straining neighborly relations.
Still unverified
Greer's claim that Canada changed demands at the eleventh hour is disputed by Canadian officials, who have not provided details.