Canada Weighs Options After New US Tariff Threat

Canadian Prime Minister Mark Carney said Tuesday that his government is considering 'all options' in response to a fresh threat from US President Donald Trump to impose 50 percent tariffs on many Canadian goods within 30 days. Carney made the remarks after speaking with Trump, and said the two leaders agreed to 'intensify discussions' in the coming weeks to potentially reach a deal. However, Carney did not indicate that he would travel to Washington for talks. The tariff threat marks an escalation in trade tensions between the two neighboring countries, which are major trading partners. The United States is Canada's largest export market, and tariffs can raise costs for businesses and consumers. Carney did not specify what countermeasures Canada might take, but reiterated that all options remain on the table. The dispute adds uncertainty to the economic relationship, which has seen previous rounds of tariffs and negotiations. Observers note that both sides have expressed interest in finding a resolution, but the 30-day timeline puts pressure on diplomats to make progress quickly. Carney said Canada remains committed to defending its interests while seeking a fair outcome.