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Trade Talks Drag Into Next Year | Toronto News
Trade talks between Canada and the U.S. are hitting a wall, with former top negotiator Steve Verheul warning no major tariff breakthrough is likely before the U.S. midterms—unless Trump seeks a political win. While a deal might open briefly before the election, Verheul doubts long-term stability under the current U.S. administration. Canada and Mexico aim to extend CUSMA for 16 years, but the U.S. could demand annual reviews or even exit with just six months’ notice. Despite Trump’s skepticism, BMO’s economist sees little chance of scrapping the deal, since most Canadian exports still rely on…
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