Tariffs Trigger Collapse of US-Canada Trade Talks
TL;DR
Two weeks of US-Canada trade talks collapsed after the US moved forward with 50% tariffs on about $28 billion of Canadian goods, with Canada saying it would match the duties dollar-for-dollar. Negotiators had been close on autos and other concessions, but late-stage demands derailed a deal. The tariffs target items from wine and spirits to cement and hockey sticks, potentially raising costs for consumers and disrupting supply chains and cross-border trade under USMCA rules.
Topics:top-newspolitics-and-government#autos#politics-and-government#tariffs#trade-talks#us-canada#usmca
- Negotiators say a tariff deal with Canada is ‘very close’ with concessions already in evidence from autos to liquor Yahoo Finance
- Canada-U.S. Trade War Escalates as Talks Collapse The New York Times
- Live updates: Trump rouses Republicans ahead of South Carolina primaries The Hill
- U.S.-Canada trade talks collapse, setting new 50% tariffs in motion NBC News
- No deal reached in U.S.-Canada trade talks as 50 percent tariffs take effect The Washington Post
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