Canada, U.S. far apart on tariff deal as deadline looms: sources
Talks have gone nowhere for weeks, and a BMO economist says threatened 50% tariffs could cut at least 50,000 Canadian jobs.
- On Saturday, Canada and Washington remained far apart on a proposed tariff deal, with officials confirming no agreement has been reached as negotiations stall ahead of an August 19 deadline.
- Intergovernmental Affairs Minister Dominic LeBlanc and Chief Negotiator Janice Charette held unproductive meetings with Trade Representative Jamieson Greer, while Trump reportedly refers to Prime Minister Mark Carney as 'Governor,' reflecting deep diplomatic friction.
- BMO chief economist Douglas Porter estimated 50% tariffs could cost the Canadian economy $60 billion and up to 100,000 jobs, with Ontario and Quebec facing the most immediate manufacturing losses.
- Deep diplomatic friction continues to impede progress as the August 19 deadline approaches, creating significant uncertainty for Canadian households and businesses awaiting resolution to the trade standoff.
31 Articles
31 Articles
LeBlanc meets with U.S. trade representative as tariff deadline looms
OTTAWA - Canada-U.S. Trade Minister Dominic LeBlanc and U.S. Trade Representative Jamieson Greer met on Sunday, days ahead of the latest tariff threat from the American president.
Liberal lead over Conservatives could show ‘crack in the armour’ depending on U.S. trade talks outcome, say strategists, pollsters
The clock is ticking down to an Aug. 19 deadline when U.S. President Donald Trump threatens to impose 50-per-cent duties on more than $20-billion worth of Canadian exports.
Canada, U.S. remain far apart in trade talks as tariff deadline looms
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