Trump pauses new tariffs on Canada
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TORONTO (AP) — Quebec’s premier said Canada-U.S. trade negotiations are “far from over” and demanded more information from Prime Minister Mark Carney before deciding whether an emerging agreement adequately protects Quebec’s dairy and forestry sectors.
US and Canadian negotiators resumed trade talks shortly after midday Thursday, as both countries push to finalize a deal to avert new tariffs threatened by President Donald Trump. A new spate of 50-percent US tariffs were set to take effect on Canadian imports on Wednesday,
For three days this week, Washington and Ottawa get to act like a trade crisis got solved. It didn't. On August 18, the White House suspended a fresh round of tariffs on Canadian alcohol, dairy, and motor vehicles that were set to run as high as 50 percent.
The U.S. is renegotiating a North American trade pact — the US-Mexico-Canada Agreement — that Trump strong-armed America’s neighbors into accepting in his first term. The U.S. has begun formal USMCA negotiations with Mexico but not with Canada.
P lease God, give me one more oil boom—and I promise not to piss it all away next time” reads a popular bumper sticker in Canada’s oil patch. Recent results from the country’s oil producers show that plea has been answered.
Canada-U.S. Trade Minister Dominic LeBlanc has arrived in Washington for more talks after U.S. President Donald Trump chose to delay his new tariffs until later this week.
Angus MacKinnon, a dairy farmer in Coaticook, Que., says the size and lower cost of production of American diary would threaten the livelihoods of Canadian farmers if more U.S. products were allowed across the border.
The proposed return of the cross-border pipeline comes as trade tensions push Ottawa to rethink its dependence on the US.