Carney and Trump speak ahead of 50% US tariff deadline
The leaders discussed a last-minute deal as new 50% tariffs on about $20 billion in imports approach a Wednesday midnight deadline, officials said.
- On Monday, Canadian Prime Minister Mark Carney spoke with United States President Donald Trump as Canada seeks a last-minute deal to avert 50 percent tariffs taking effect Wednesday.
- Negotiators have discussed cutting Section 232 tariffs to 15 percent from 25 percent, though Washington and Canada remain divided over whether only U.S.-produced content counts toward thresholds.
- Covering about $20 billion in imports, the duties concern industry leaders who note that with automotive profit margins averaging 6 percent, a 15 percent tariff is exceptionally high.
- Candace Laing, CEO of the Canadian Chamber of Commerce, warned businesses are "doing a high-wire act" amid uncertainty as the tariff impasse complicates broader USMCA negotiations.
- Trade Representative Jamieson Greer continues to cite long-standing grievances regarding Canadian dairy management and provincial liquor policies, while the Commerce Department requires automakers to recertify U.S. content by September 30.
116 Articles
116 Articles
Tariff deal on the horizon, but outlook still uncertain for B.C. forestry - Creston Valley Advance
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…
Tariff deal on the horizon, but outlook still uncertain for B.C. forestry - Grand Forks Gazette
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…
Tariff deal on the horizon, but outlook still uncertain for B.C. forestry - Vanderhoof Omineca Express
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…
Penticton Western News
Tariff deal on the horizon, but outlook still uncertain for B.C. forestry
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 and Canada have reached last-minute deal to delay 50 percent US tariffs on Canadian imports
WASHINGTON — President Donald Trump said Tuesday he was delaying the 50 percent U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to go…
The Dallas Express News
wbap.comTrump Announces Tentative Canada Deal, Halts 50% Tariffs Hours Before Deadline
President Donald Trump said Tuesday that the United States and Canada reached a tentative deal to pause new 50% tariffs on about $20 billion in Canadian imports, giving negotiators three additional days to finalize an agreement. The tariffs were scheduled to take effect at 12:01 a.m. Wednesday. Trump announced the delay less than two hours before the deadline, saying the two countries had reached a deal “subject to the finalization of documents.…
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