Alcohol, autos among key irritants in Canada-U.S. trade talks
Negotiators are seeking relief on existing sectoral tariffs as provinces resist lifting alcohol bans, with 50% U.S. levies on nearly $28 billion in goods set for Wednesday.
- The United States plans to impose 50 percent tariffs on $20 billion of Canadian goods starting Wednesday, escalating trade tensions between the two countries.
- The tariffs cover various products including alcohol, wine, furniture, hockey equipment, wood products, autos, steel, lumber, and dairy, affecting goods that usually receive preferential treatment under the US-Mexico-Canada Agreement.
- Canada and the United States are engaged in intense trade talks aimed at preventing this tariff conflict, with negotiations described as very intense and delicate.
- Canadian industries such as wood products and wine fear job losses and economic harm if these tariffs take effect, as manufacturers and customers may not be able to absorb the costs.
49 Articles
49 Articles
US, Canada hold last-minute talks to stop 50 percent US tariffs on $20 billion worth of Canadian goods - The Boston Globe
President Trump’s belligerent approach to dealing with Canada marks an extraordinary departure from the traditionally cooperative relationship between the two countries.
US, Canada hold last-minute talks to stop 50% U.S. tariffs on $20 billion worth of Canadian goods
Tension could hit new heights at 12:01 a.m. Wednesday if Trump goes ahead with his plan to impose 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to tongue depressors.
Where do Canada-U.S. trade negotiations stand? Here's a sector-by-sector breakdown
Canada is continuing to negotiate a trade deal with the U.S. that will allow it to both avoid U.S. President Donald Trump's crippling tariff threat — set to come into effect on Wednesday — and get some additional relief on existing tariffs in key sectors.
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