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Tariffs/Trade

US and Canadian trade negotiators are expected to meet again ahead of the midnight tariff deadline, reports CBC News

StockNow breaking-news AI analysis

U.S.-Canada trade talks failed to avert 50% tariffs on $20-$30B of goods. Disputes over dairy, liquor, and autos persist as the August 19th deadline arrives.

News detail

Canadian and American negotiators are expected to meet again on Tuesday to try and hammer out a deal to avoid new U.S. tariffs on some USD 30 billion in Canadian goods due to take effect just after midnight. Sources speaking to Radio-Canada said Canada-U.S. Trade Minister Dominic LeBlanc could meet with U.S. Trade Representative Jamieson Greer and then Prime Minister Mark Carney may speak to U.S. President Donald Trump. One of those sources said, as of noon ET, a time has not yet been set for either discussion, and things could still fall apart.

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