Carney Admits Close Canada-U.S. Trade Ties Have Ended

Canadian Prime Minister Mark Carney offered a bleak assessment of U.S.–Canadian relations this week while announcing new support for the country’s steel and lumber industries—both targeted by President Donald Trump’s tariffs, Alex Griffing reported for Mediaite.

Carney announced that his government would impose new restrictions on steel and lumber imports to support domestic producers.

“We know that this decades-long process of our ever-closer economic relationship between Canada and the U.S. has ended, and as a consequence of that, many of our strengths have become our vulnerabilities, particularly in those industries that are most tightly integrated with the United States,” Carney told reporters at Parliament Hill in Ottawa.

Carney announced that his government would impose new restrictions on steel and lumber imports to support domestic producers.

According to Canada’s CTV News, “Among the new measures is further limiting foreign steel imports from countries without a free trade pact with Canada—from 50% to 20% of 2024 levels—a measure largely aimed at reducing Chinese steel imports.”

The report added: “The government will also reduce quotas for countries with which Canada has a free trade agreement—excluding the U.S. and Mexico—from 100% to 75% of 2024 levels, and impose a global 25% tariff on targeted imported products made from steel.”