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News in English (USA) / 19.08.2026 / 03:00

Intense Negotiations Between US and Canada to Avert Looming Tariffs

As a midnight deadline approaches, negotiations between U.S. President Trump and Canadian officials intensify, with concerns mounting over a potential 50% tariff on Canadian goods. Canadian negotiator Mark Carney engages in last-minute talks to bridge significant gaps, particularly regarding the auto sector, amidst warnings of chaos in trade relations. Businesses on both sides express alarm at the implications of the tariffs for trade, tourism, and inflation. Despite ongoing discussions, insiders indicate that the U.S. and Canada remain far apart from reaching a deal, heightening anxieties as time runs out to avert steep tariffs set to impact $20 billion of Canadian exports.
Politico, The New York Times, KCCI, CNBC, The Hill, NPR, Bloomberg.com, CBS News, CBC, Reuters