Canada government source says US also keen on trade deal before Aug 19 deadline
Negotiators remain in Washington with no breakthrough, while the United States threatens 50% tariffs on Canadian goods unless a deal is reached.
- Canada and the United States are negotiating in the U.S. capital to reach a trade agreement before the United States imposes 50 per cent tariffs on Canadian goods on Aug 19.
- The United States vowed to impose 50 per cent tariffs on Canadian goods, citing Canadian counter-measures on autos and liquor, as well as frustrations with dairy policies.
- Speaking in Des Moines, Greer said Ottawa must drop its retaliatory tariffs as the two countries race to reach an agreement before the tariffs take effect.
- Sources suggest the United States may be open to extending the Aug 19 deadline, though it remains unclear if Canada would agree to such an extension.
- President Trump has expressed concerns regarding a $1.3 trillion trade deficit, emphasizing that the United States must prioritize the welfare of its own workforce ahead of other nations.
15 Articles
15 Articles
National Post
newenglishreview.orgConrad Black: A comprehensive plan for Canada to survive Trump's trade war
President Trump has said many times that he likes Canada and that his only grievance against us was that we had better trade negotiators than the United States. I have had the opportunity to suggest that the most effective response to that was to get better negotiators rather than to sandbag us with unreasonable tariffs that would come back upon millions of Americans as well. The long promised 50 per cent U.S. tariff increases on a wide range of…
No major breakthrough in Canada-U.S. trade talks: source
The source said the Americans appear to be open to extending the deadline considering progress in talks, but it's unclear if it's something Canada would agree to. iPolitics reported over the weekend that Canadian negotiators weren't pursuing a deadline extension.
sgtreport.com
Mish Talk - Global Economic Trend AnalysisTrump’s Trade War With Canada on Verge of Becoming Economically Nasty
by Mish Shedlock, Mish Talk: A USMCA trade deal breakdown with Canada is increasingly likely. Carney Walks a Political Tightrope Canada retaliated against Trump’s tariffs by pulling US liquor from store shelves. It’s not that easy to restore but a trade breakdown may hinge on that, however silly it sounds. Bloomberg reports Carney Walks a Political […]
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