Live updates: Carney suspends trade talks with US, Freedom 250 Grand Prix begins in Washington

Canadian Prime Minister Mark Carney announced on X that Canada is suspending trade talks with the U.S., triggering Trump's 50 percent tariffs. Carney stated the U.S. intends to impose a 50% tariff on $28 billion of Canadian goods, and Canada will match those tariffs dollar for dollar to protect workers.