Canada, tariffs
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US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goods
Tension between Washington and Ottawa is already high, stoked by trade disputes and President Donald Trump's inflammatory comments about making Canada the 51st U.S. state.
Canada is seeking a deal to dodge further economic pain at the hands of the Trump administration on midnight Tuesday. But at what cost?
I don’t envision the 232s on steel being wrapped into the 338 discussions,” the person said, referring to Section 338 of the Tariff Act of 1930 — the statute Trump has used to threaten Canada with the new 50 percent tariffs.
Negotiators are working to avert 50 percent tariffs on Canadian goods by Wednesday to prevent a major trade war.
There has been some progress, but talks are expected to go right down to the final hours. Should Mr Trump carry out his threat, it will add to Canada’s woes: existing tariffs of up to 50% have already battered its automotive,
Few than one in five respondents to an Abacus Data survey favour offering concessions such as easing dairy restrictions or ending bans on American alcohol You can save this article by registering for free here.
Trade negotiations are coming down to the wire. Just two days remain until U.S. President Donald Trump’s new wave of tariffs hit Canadian exports.
New 50% tariffs on Canadian goods are set to kick in Wednesday — and economists warn American consumers could feel it at the store. Here's what you need to know. 👇