Trump pauses 50% tariffs on Canada
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The U.S. is considering a plan to lower tariffs on Canadian steel and aluminum from 50% to 25%, while top-line automobile levies could fall from 25% to 15%.
By David Shepardson and Promit Mukherjee WASHINGTON/OTTAWA, Aug 19 (Reuters) - The U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars and trucks,
The U.S. and Canada brokered a three-day pause as the neighboring countries work to finalize a broader trade agreement.
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President Trump announced late Tuesday he would pause the 50 percent tariffs on many Canadian goods for three days, saying the U.S. and Canada are finalizing a deal. The tariffs were expected to go
Canada could weaken its negotiating position if it makes further concessions to the U.S., says Diamond Eisinger, a former special advisor on Canada-U.S. relations in the Prime Minister’s Office.
Canada is seeking a deal to dodge further economic pain at the hands of the Trump administration on midnight Tuesday. But at what cost?
Final countdown for Canada to avoid 50% tariffs from the US Washington and Ottawa are down to the wire with last-minute talks to reach an agreement by 12:01 a.m. Wednesday, when President Donald