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00:04US-Canada trade talks broke down on Friday.
00:06The United States announced it would impose direct tariffs on approximately $20 billion worth of Canadian goods.
00:11Imposing a 50% tariff
00:14Canada also stood firm in response to the United States yesterday.
00:16Canadian Prime Minister Carney announced
00:18Canada will begin on September 8th
00:21For American steel, dairy products, electronics and other commodities
00:25Implement retaliatory tariffs of 1 dollar for 1 dollar
00:29When asked if this meant Canada had been drawn into the trade war,
00:33Carney responded directly.
00:35Being attacked means being in a state of war.
00:39Canada has indeed been attacked.
00:42Carney also revealed
00:44The reason why the US-Canada trade negotiations broke down
00:46The negotiations were hampered by new demands made by the United States at the last minute.
00:51progress
00:51He pointed out that the two sides had already reached a mutually beneficial agreement.
00:56However, the United States suddenly raised an unfair claim.
00:59It does not conform to economic logic
01:01New provisions that further harm Canadian interests
01:04He believes
01:05Simply put, the US is asking for too much.
01:08Too little
01:09so what
01:10Canada will absolutely not accept the conditions proposed by the United States.
01:15US-Canada trade negotiations break down
01:18Canada announces retaliatory tariffs against the United States
01:21Canadian Prime Minister Carney
01:22He emphasized to reporters at the Wotaiwa Parliament House on Saturday
01:26Canada over the past year
01:27We have consistently engaged in negotiations with the United States in a positive and sincere manner.
01:31But he admitted
01:32Canada actually realized from the beginning that the United States had changed.
01:36The relationship between the two parties
01:38Because the issue of tariffs cannot be undone.
02:02Hani also further criticized
02:04Canada and the United States originally had the opportunity
02:06Reach a mutually beneficial trade agreement
02:08But the United States offered...
02:10Unacceptable conditions
02:12We need to continue to make suggestions
02:14Short-term shipment
02:15The United States shipped out within a short period of time.
02:17The US economy has achieved short-term growth.
02:20The gap between partnership and competitor unfortunately has remained too wide in recent days.
02:27So last evening I instructed our negotiators to return to Ottawa.
02:31We cannot accept what they've offered and we will not give what they've asked.
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