Canadian Prime Minister Mark Carney announced the suspension of trade negotiations with the United States following their collapse on Friday night and stated that Ottawa will impose countertariffs on $20 billion of U.S. products effective September 8. The U.S. had applied 50 percent import taxes on Canadian plywood, liquor, electrical equipment, and hockey gear. Carney described the Canadian measures as reluctant during remarks to reporters in Ottawa on August 23, 2026.