• Latest
  • Trending
Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out

Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out

September 2, 2026
Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

September 2, 2026
Taking AI Underground to Build a Clearer Picture of Major Projects

Taking AI Underground to Build a Clearer Picture of Major Projects

September 2, 2026
ADVERTISEMENT
MIT turns a century-old warehouse into a new hub for architecture and design

MIT turns a century-old warehouse into a new hub for architecture and design

September 2, 2026
Frankfurt Air Cargo Community Brings Industry Together for 11th Air Cargo Conference

Frankfurt Air Cargo Community Brings Industry Together for 11th Air Cargo Conference

September 2, 2026
FIATA and WiseTech Global extend partnership for another three years

FIATA and WiseTech Global extend partnership for another three years

September 2, 2026
Transense and Unison advance torque-sensing technology for next-generation hybrid-electric flight

Transense and Unison advance torque-sensing technology for next-generation hybrid-electric flight

September 2, 2026
DHL appointed by SAS Scandinavian Airlines for three-year ground handling partnership at Manchester Airport

DHL appointed by SAS Scandinavian Airlines for three-year ground handling partnership at Manchester Airport

September 2, 2026
Ceva Logistics faces lawsuit over theft of employee data in cyberattack

Ceva Logistics faces lawsuit over theft of employee data in cyberattack

September 2, 2026
TruckSmarter to shut down as Dispatch app goes offline Friday

TruckSmarter to shut down as Dispatch app goes offline Friday

September 2, 2026
Motive Targets Fleet Repair Costs With AI-Powered Maintenance

Motive Targets Fleet Repair Costs With AI-Powered Maintenance

September 2, 2026
One Complaint Uncovered an $800K Texas Grain Theft Operation Across 176 Loads

One Complaint Uncovered an $800K Texas Grain Theft Operation Across 176 Loads

September 2, 2026
Yellow Corp. settles remaining pension claims in deal worth up to $526M

Yellow Corp. settles remaining pension claims in deal worth up to $526M

September 2, 2026
  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
Wednesday, September 2, 2026
  • Login
  • Register
The Logistic News
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise
No Result
View All Result
The Logistic News
No Result
View All Result
Home Business

Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out

Canada’s prime minister says U.S. negotiators pushed for terms that could have weakened or eliminated key Canadian industries, including automotive, as trade talks stalled last month.

The Logistic News by The Logistic News
September 2, 2026
in Business, Cargo, Land, Logistic, World
Reading Time: 3 mins read
0
Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out
ADVERTISEMENT

U.S. negotiators were pressing Canada last month to accept trade terms that, according to Prime Minister Mark Carney, would have effectively turned major Canadian industries into subsidiaries of their American counterparts or gradually driven them out of the country altogether.

The comments came Tuesday as Carney detailed the difficult negotiations between Canada and the United States, which had been aimed at resolving a series of trade disputes affecting both sides of the border.

With a U.S.-imposed Aug. 22 deadline approaching, Carney suspended the negotiations and called his negotiating team back to Canada.

ADVERTISEMENT

“The attitude of the United States in these discussions, and subsequently, has been one that core Canadian industries either would be subsidiaries effectively of the United States industries, or would put in place terms where those industries would be gradually wound down in Canada and wiped out,” Carney told reporters outside his office.

“Of course, we’re not going to accept those terms.”

Despite the breakdown, Carney said the negotiations had produced elements that could have been mutually beneficial to both countries.

The prime minister said, however, that an “accumulation of issues, each of them serious enough” ultimately prevented Canada from agreeing to a deal. Among those concerns were the potential impact on the French language and Canadian culture, as well as restrictions that could have limited Canada’s ability to trade freely with other countries.

Carney said Ottawa remains prepared to return to negotiations if Washington is willing to engage in what he described as a serious discussion.

“When the Americans stop doing memes, stop throwing shade, stop trying to be tough and start being serious about having those discussions, we can have those discussions,” he said.

“It’s not constructive but that’s their democracy.”

Tensions continue to escalate

The collapse of the negotiations has been followed by increasingly hostile public exchanges between the two countries.

U.S. President Donald Trump and members of his cabinet have repeatedly criticized Canada in television appearances and on social media. Trump has also signed an executive order seeking to rename Lake Ontario as Lake America on U.S. maps, while the president and cabinet secretaries have shared AI-generated images and memes disparaging Canada.

Carney was expected to meet with labour groups in Ottawa on Tuesday to discuss the latest developments.

A source familiar with the meeting, who was not authorized to speak publicly, said it was scheduled for 2 p.m. Eastern time. Officials from unions representing workers in affected industries, particularly manufacturing, were invited to attend, the source said.

Unifor, Canada’s largest private-sector union, held a rally on Parliament Hill in late August, calling on the federal government to protect Canadian jobs as the trade dispute with the United States continues.

Carney also addressed tensions with Washington on Monday during a meeting with business leaders from companies including RBC, Bombardier, OpenText and Hydro-Québec.

Canadian counter-tariffs set to take effect

Canada’s counter-tariffs on almost $28 billion worth of U.S. products are scheduled to come into force on Sept. 8.

The Canadian measures will range from 15 per cent to 50 per cent and will cover a broad range of goods, including dairy products, steel, copper and certain beauty products.

The tariffs are Ottawa’s response to the 50 per cent duties imposed by Trump on $28 billion worth of Canadian goods, ranging from hockey sticks to honey.

The U.S. tariffs were partly imposed in response to a decision by all Canadian provinces except Alberta and Saskatchewan to stop stocking U.S. products on liquor-store shelves. That move followed American tariffs targeting steel, aluminum and automobiles.

Trump has also threatened to raise U.S. tariffs on Canadian automotive products from 25 per cent to 50 per cent in the new year, in response to Canada’s latest retaliatory measures.

Previous Post

Taking AI Underground to Build a Clearer Picture of Major Projects

Next Post

Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

Next Post
Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

A D V E R T I S E M E N T

Popular News

  • Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    Drone Delivery Takes Flight: Amazon Partners with UPS for Trial Program

    0 shares
    Share 0 Tweet 0
  • Rail Cargo Group Strengthens European Network with Captrain Netherlands Acquisition

    0 shares
    Share 0 Tweet 0
  • Automotive Inbound Logistics Market: Navigating Future Challenges

    0 shares
    Share 0 Tweet 0
  • Global Inflation Cools to Target After Three Years, Central Banks Face Policy Dilemma

    0 shares
    Share 0 Tweet 0
  • Dubai Mercantile Exchange Rebrands as Gulf Mercantile Exchange Following Saudi Tadawul Group Acquisition

    0 shares
    Share 0 Tweet 0

Recent News

Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

Manitoba Unveils More Than $100 Million in Tariff Relief for Businesses

September 2, 2026
Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out

Carney: U.S. sought to turn Canadian industries into subsidiaries or wipe them out

September 2, 2026
Taking AI Underground to Build a Clearer Picture of Major Projects

Taking AI Underground to Build a Clearer Picture of Major Projects

September 2, 2026

Discover a new era of logistics reporting with The Logistic News, your go-to platform for breaking news, insightful features, and exclusive interviews shaping the global logistics and freight landscape. Trust us to deliver accurate, timely, and relevant information that empowers professionals and enthusiasts alike in navigating the intricacies of this vital sector.

Navigation

  • Home
  • About Us
  • Press Room
  • Podcasts
  • Media Kit
  • Contact Us
  • Careers
  • Privacy Policy
  • Terms of Use

© 2024 - thelogisticnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

SIgn Up Newsletter

This will close in 20 seconds

Manage Cookie Consent
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • Logistic
  • Air
  • Maritime
  • Land
  • World
  • Business
  • Tech
  • Events
  • Advertise

© 2024 - thelogisticnews.com