+++ US Trade Policy +++: Canada and US in Talks Just Before Planned Tariffs Take Effect
US imposes tariffs and minimum prices on polysilicon products +++ Canada has excluded the US from border bridge openings according to Trump +++ The news blog.
Canadian Prime Minister Justin Trudeau, not Mark Carney, has tried to avert new US tariffs on Canadian goods in a phone call with US President Donald Trump. The US is set to impose 50% tariffs on around $20 billion worth of Canadian goods, including hockey sticks, wine, and cement, starting August 19. The tariffs are in response to what the US sees as Canada's discriminatory treatment of US autos, alcohol, and dairy products.
Canada and the US have been engaged in intense negotiations, with one sticking point being the calculation basis for further tariff reductions, specifically whether to count only US-made content or all North American content.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
