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Canada’s Last Chance to Avoid Tariffs | US News
The U.S. and Canada are racing against the clock to finalize a trade deal before Saturday’s looming tariffs—potentially hitting $20 billion in Canadian goods with a 50% tax. While Trump claims a deal is nearly done, negotiators are still locked in tense talks over steel, aluminum, and autos. The U.S. wants 25% tariffs on steel and aluminum with quotas, but Canada pushes for lower rates and opposes limits. On autos, the U.S. proposes a 15% tariff with discounts for American parts, while Canada demands credit for Canadian components and resists USMCA content rule changes. Meanwhile, Canada may…
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