Trump signals near Canada tariff deal with concessions on autos and liquor

1 min read
Source: Yahoo Finance
Trump signals near Canada tariff deal with concessions on autos and liquor
Photo: Yahoo Finance
TL;DR

President Trump said negotiators have “pretty much” struck a deal with Canada on tariffs, with concessions reportedly on the table for autos, metals, dairy, and liquor as talks near a midnight deadline; terms discussed include lowering auto tariffs from 25% to around 15%, restoring some steel exemptions under USMCA, reducing Canada’s digital services tax, and restarting the Keystone XL pipeline, all while aiming to bolster US farmers and cross-border trade.

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