Carney Pushes Back After Lutnick Says Canada Blew Up Trade Talks

According to CNBC, Canadian Prime Minister Mark Carney rejected Trump administration Commerce Secretary Howard Lutnick's claim that Ottawa derailed trade talks with the United States for political reasons, saying unelected U.S. cabinet members are not experts on Canadian politics. Carney said Canada will stand up for its own interests, but added that a deal benefiting both countries is still possible and that Canada is ready to return to the table when the United States is prepared. President Donald Trump later said on Truth Social that it is good for Carney to make him "the enemy" until Canada's economy collapses, while Lutnick had said on CNBC's "Squawk Box" that Canada "blew up" a nearly complete trade deal and would change its tone after mid-October, once its elections are over. The dispute follows the collapse of negotiations last month before Trump's Aug. 22 deadline for new 50% tariffs on about $20 billion of Canadian imports, with Canada responding with dollar-for-dollar tariffs on U.S. goods set to take effect next week.