Canada-US trade deal collapses over disputed terms
The U.S.-Canada trade deal collapsed late Friday over disputed terms, with both sides blaming each other. Canada's ambassador said the final text differed from what was agreed, while the U.S. accused Canada of walking away. Canada cited last-minute U.S. demands on auto tariffs, restrictions on other trade deals, and French-language media protections as deal-breakers. The U.S. claimed its offer included tariff cuts on steel, aluminum, and lumber, which Canada acknowledged as broadly accurate. Prime Minister Mark Carney called the tariffs a miscalculation, while international observers warned of broader implications. Other nations are watching Canada's tactics closely, and former U.S. officials criticized the breakdown, urging a hard bargain but continued free trade.