The G-7 Is Down One Rather Obstreperous Member

On August 22, the United States imposed tariffs of 50 percent on C$28 billion ($20 billion) of Canadian goods after trade talks collapsed.  Mark Carney, Canada’s prime minister, ordered his negotiators home the night before, saying that last-minute changes to America’s terms “called into question the reliability of any deal.”  American officials say that Canada walked back commitments reached earlier in the week. Some speculate that Howard Lutnick’s arrival to the talks changed the dynamics.  

 

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