CP NewsAlert: LeBlanc to meet Greer, Lutnick as clock ticks toward new U.S. tariffs

Canada's top trade negotiator, Dominic LeBlanc, is scheduled to meet with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick today, just hours before tariffs imposed by the U.S. are set to commence. The meeting comes as Canada and the U.S. race against time to reach a deal that could prevent the tariffs from taking effect.

LeBlanc and Trade Chief Janice Charette have been in Washington since last week, seeking a resolution. However, sources close to LeBlanc suggest that progress towards a deal remains elusive. The looming tariffs, which will be implemented at midnight Wednesday, are a response to Canada's restrictions on American alcohol, the country's supply-managed dairy system, and quotas on certain U.S. vehicles.

Industries targeted by these tariffs include honey exports, hockey stick production, cement manufacturing, and wine sales. Canadian officials who have spoken with LeBlanc following his recent discussions with Greer indicate that a resolution appears to be a distant prospect.