Prime Minister Mark Carney held a televised news conference hours after negotiations broke down in Washington. He has announced retaliatory tariffs on about $20B worth of U.S. goods for September 8. 

Steve Verheul, Canada’s chief trade negotiator from 2017-2021, wrote an opinion piece for the Globe and Mail titled: “The U.S.’s deal was no deal at all.”

For next steps, he advised three actions:

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• -  Focus on cultivating and incentivizing our American allies
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• -  Strengthen and better unite Team Canada
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• -  Support Canadian businesses facing the impact of U.S. tariffs

For the Prime Minister’s 51-minute news conference, link here: 

https://www.cpac.ca/headline-politics/episode/pm-carney-speaks-to-media-after-suspension-of-canada-us-trade-talks?id=6b77d2c2-d09d-47fb-9bf1-7c88f3c2445c

Source:  CPAC; Globe and Mail August 22, 2026