After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.

The Canadian prime minister said it may not be possible to escape U.S. tariffs even with a bilateral agreement to resolve the current tariff row.

U.S. President Donald Trump’s latest tariff threat against Canada was rattling markets SPX Friday, as investors faced the specter of yet more levies on goods imported from the United States’ northern neighbor.