Canadians wanted their prime minister to stand tough and not sign a bad trade deal with the US. But the collapse of talks, and the escalation of the tariff war, will come at a price.

The Trump administration vowed to impose a fresh 50% tariff on some Canadian goods over what it said was unfair treatment of American alcohol, cars and dairy, further inflaming trade tensions between the two neighbors.

Canada and the Philippines plan to finalize a free trade agreement this year, and signed agreements to deepen cooperation on energy, defense, labor and migration, Prime Minister Mark Carney said Thursday.

A countdown to the expiry of the US-Mexico-Canada Agreement is set to begin as officials launch a review of the sweeping trade deal that President Donald Trump signed during his first term.

Canada applied a 10% import tax on imports of canned vegetables to protect domestic growers and food processors, the Department of Finance said in a statement Friday.

Canada made new and detailed proposals on trade to the US based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc.

Prime Minister Mark Carney told the Canadian Broadcasting Corp. he’s in no hurry to sign a minor deal for tariff relief with the US, arguing that other governments that have done so aren’t happy with the results.

Canadian officials are considering unusual measures to protect domestic producers of vegetables and wood products from low-priced imports.

The US Supreme Court’s decision to strike down many of Donald Trump’s tariffs offers some relief to Mexico and Canada, but a much bigger set of risks still hangs over the trade relationship that joins the three countries.

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