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Canada Concedes to Trump in Trade Talks, Fears Economic Fallout

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CAD
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Canada has been caving to U.S. President Donald Trump's demands in trade negotiations, despite Ottawa's claims that it is playing hardball.

The concessions include dropping a digital services tax, scrapping retaliatory tariffs, and giving up revenue from the Gordie Howe bridge for 15 years.

Prime Minister Mark Carney has been accused of lying about the deal when questioned by CTV News, saying Canada would get revenues after paying back the debt, but later admitting that was an 'imperfect' explanation.

Carney's image as a strong economic leader is at stake, and he may be reluctant to take tougher action against Trump due to fears it could hurt Canada's economy in the short term.

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