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U.S. and Canada Trade Talks Stall | Toronto News
Trade talks between the U.S. and Canada have stalled for 14 months, with U.S. Ambassador Pete Hoekstra admitting little progress on CUSMA—but he insists negotiations will continue through July and August, aiming for breakthroughs on key issues like oil imports. The U.S. seeks 3-4 million extra barrels daily, eyeing Alberta as a top supplier, while rejecting claims Canada must diversify markets—highlighting that 85% of CUSMA trade remains tariff-free and predictable. Though the U.S. won’t extend the deal, it’s still active for 10 years unless formally withdrawn. Listen in comfort:Get a…
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