Latest / Philadelphia News Today | 2 Min News | The Daily News Now!
U.S. and Canada Near Trade Deal | Philadelphia News
The U.S. and Canada are on the verge of a breakthrough deal to avert new 50% tariffs on Canadian goods like wine and hockey sticks, with both sides racing against a Wednesday deadline. In exchange for dropping these new duties and easing existing steel and aluminum tariffs, Canada may concede on energy, defense, and critical minerals — including missile defense and fighter jet purchases. Experts see optimism for a partial or full resolution that could revive North American trade talks and avoid costly legal battles over presidential tariff authority. Though the tariffs would impact only 5% of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.