Carney warns of costs as Canada’s retaliatory tariffs take effect

Prime Minister Mark Carney said Canadians should expect economic costs as the country moves to reduce its dependence on the United States, but argued that staying the course would be worse. His remarks came in a video released Tuesday, hours after Canada’s retaliatory tariffs took effect in response to U.S. trade measures. Carney said Canada plans to respond by expanding trade ties with other countries and building a more resilient economy. He said the goal is to ensure no country can use economic pressure to control Canada’s choices. The prime minister also repeated his criticism of U.S. trade negotiators, saying they sought greater dependence on the United States. Conservative leaders continued to press Carney to release more details of the deal Canada abandoned and to recall Parliament earlier than planned. Canada’s new tariffs target U.S. goods matched to the value of American levies, which were imposed on a range of Canadian exports.