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Canada still working toward Aug. 1 trade deal deadline, LeBlanc says, as U.S. senator casts doubt

CANADA, JUL 25 – Canada is negotiating with the U.S. to avoid 35% tariffs set for August 1 amid concerns over trade imbalances and security issues, including fentanyl flow, officials said.

  • U.S. President Donald Trump threatened on August 1 to impose 35 per cent tariffs on certain Canadian imports if no trade deal is reached.
  • The tariff threat arises amid ongoing complex negotiations aiming for a deal that protects Canadian workers and the economy before the August 1 deadline.
  • Canada-U.S. Trade Minister Dominic LeBlanc met with U.S. officials and senators in Washington, expressing cautious encouragement but acknowledging uncertainty about meeting the deadline.
  • Republican Senator Lisa Murkowski stated the U.S. views Canada as a special partner due to shared security interests but doubts a resolution will come before August 1.
  • If tariffs begin, some Canadian exports, including steel, automobiles, and pharmaceuticals, could face duties, potentially raising Canadian health costs and affecting investment decisions.
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CBC News broke the news in Canada on Thursday, July 24, 2025.
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