US-Canada Trade Talks Intensify as Tariff Deadline Approaches
As the midnight deadline for a trade agreement approaches, U.S. and Canadian officials are engaged in urgent negotiations to avert steep new tariffs. President Trump has signaled a pause in the planned 50% tariffs on Canadian goods, suggesting a last-minute deal may be close. While Canada has expressed confidence in reaching a resolution, both sides remain apart on key terms, especially concerning autos and metals. The looming tariffs have already raised concerns about inflation and economic impacts, compelling negotiators to work tirelessly to finalize details before it’s too late.
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