Trump says he's brokered a 'very good deal' with Canada after pausing 50% tariffs
Talks also include possible cuts to U.S. auto tariffs and relief for farmers, while the threatened duties covered about $20 billion in imports, officials said.
- Late Tuesday, President Donald Trump announced a three-day pause on 50 percent tariffs against Canada following a 'good conversation' with Canadian Prime Minister Mark Carney.
- The threatened 50 percent tariffs would have covered about $20bn worth of imports, exacerbating trade pressure between the US and Canada.
- On Monday, US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick discussed reducing Section 232 vehicle tariffs from 25 percent to 15 percent with Canadian counterparts.
- Trump claimed the nations reached 'a very fair' deal ensuring no tariffs on US exports, though officials have not confirmed full agreement details.
- Nearly 72 percent of Canadian goods exports go to the US, making the three-day window critical for finalizing documents before tariffs take effect.
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Premier Moe says he’s optimistic about Canada-U.S. trade deal, positive steps made
PRINCE ALBERT - Saskatchewan Premier Scott Moe says a decision by U.S. President Donald Trump to not impose 50 per cent tariffs on an array of Canadian goods is positive for his province.
Premier Moe says he's optimistic about Canada-U.S. trade deal, positive steps made
PRINCE ALBERT - Saskatchewan Premier Scott Moe says a decision by U.S. President Donald Trump to not impose 50 per cent tariffs on an array of Canadian goods is positive for his province.
Trump Says Canada Trade Deal Eviscerates Tariffs for American Farmers; Florida Primary Election Highlights
A 50 percent tariff was averted at the eleventh hour. President Donald Trump says, “Our farmers were paying tremendous tariffs into Canada, and those tariffs are going to be totally eviscerated down to zero.” Results are in for the Florida primaries, with a major upset for the Democratic Socialists of America (DSA) in a House race. Yet, Democratic Florida voters chose a DSA-backed candidate in the Senate race. Chinese interference in American el…
Tariff deal on the horizon, but outlook still uncertain for B.C. forestry - Northern Sentinel
A light at the end of the tunnel is beginning to appear with both Prime Minister Mark Carney and U.S. President Donald Trump signalling a trade deal is in the works to avoid punishing 50 per cent U.S. tariffs on many Canadian goods. Trump and Carney spoke late Tuesday night and had what the president called a “very good conversation.” “As you know, the 50 per cent tariffs across the board were going on against Canada today, and they called yeste…
Trump says US, Canada reach trade deal, tariffs on farmers to drop to zero
"We had a very good conversation with the Prime Minister last night, and we've come to a deal with Canada," Trump told reporters on the South Lawn
Quick quotes: Here's what people are saying about the Canada-U.S. trade negotiations
OTTAWA — Canada and the U.S. averted an escalation in the trade tensions with an agreement to continue hammering out a deal that would prevent new American tariffs from taking effect Wednesday. U.S.
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