Trump's New Tariffs on Canada Set to Take Effect, Negotiations Underway
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Washington Watch A new set of Trump tariffs for Canada could take effect Wednesday. Here’s what’s at stake.
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In announcing the Section 338 tariffs, Trump claimed that Canada discriminates against American exports of autos, alcohol and cheese. Trump is angry because Canada and China were the only countries that punched back with retaliatory tariffs of their own when he slapped levies on their products last year.
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FortuneIn announcing the Section 338 tariffs, Trump claimed that Canada discriminates against American exports of autos, alcohol and cheese. Trump is angry because Canada and China were the only countries that punched back with retaliatory tariffs of their own when he slapped levies on their products last year.
MarketWatchPresident Donald Trump has backed away from imposing new 50% tariffs on $20 billion worth of Canadian goods that had been slated to kick in early Wednesday.
CNBCTrump has already imposed a variety of tariffs on Canada and its specific exports, including metals, lumber and auto parts. Trump also imposed hefty tariffs on Canada over alleged drug-trafficking concerns, but the Supreme Court struck those down in February.
Epoch Times BusinessWASHINGTON—President Donald Trump announced on Aug. 18 that he would delay an additional 50 percent tariff on certain Canadian goods following last-minute talks between the two countries. The tariffs were originally set to take effect at 12:01 a.m. ET on Aug. 19.
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The U.S. and Canada are negotiating in an effort to reach a truce on tariffs before a 12:01 a.m. Wednesday deadline set by U.S. President Donald Trump.
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MarketWatch“I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” Trump said in a social-media post late Tuesday. He hinted that the contentious Keystone XL oil pipeline, which had its permit revoked by former President Joe Biden, might be part of the deal, saying that the pipeline “may be awoken from the grave.”
Epoch Times BusinessTrump announced on Truth Social that the two countries have reached a deal. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” he wrote.
BBC BusinessPublished "Intense" trade talks are going down to the wire as Canada seeks to avoid a fresh round of tariffs from the Trump administration due to come into effect in less than 48 hours.
Washington Times BusinessAs the deadline approaches, the two countries are seeking a truce that would avoid the new round of tariffs.
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″We are negotiating,” Canadian Prime Minister Mark Carney told reporters Monday, speaking in French. “The negotiations are very intense and delicate. This is not the time to talk about negotiations in public.”
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Washington Times Business″We are negotiating,” Canadian Prime Minister Mark Carney told reporters Monday, speaking in French. “The negotiations are very intense and delicate. This is not the time to talk about negotiations in public.”
BBC BusinessPrime Minister Mark Carney kept details of the talks close to his chest when pressed by reporters on Monday, saying that given the "very delicate and intense" negotiations, it is "not the time to negotiate in public".
Epoch Times BusinessCanadian Prime Minister Mark Carney and U.S. officials acknowledged intense, last-minute talks before the deadline. The White House declined to comment at the time of publication.
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Mark Carney in last-ditch effort to avoid Trump’s latest tariffs Canadian prime minister plans call with US president before a Wednesday deadline for levies on $20bn of trade
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Dominic LeBlanc, Canada’s minister for U.S. trade, met with Greer on Monday. He was tight-lipped afterward.
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FortuneDominic LeBlanc, Canada’s minister for U.S. trade, met with Greer on Monday. He was tight-lipped afterward.
BBC Business"Our job is not yet done," US-Canada Trade Minister Dominic LeBlanc said on Monday as he left Greer's office.
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The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market.
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FortuneThe two countries have wrangled for decades over trade, poking each other over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market.
8 details only one outlet reported
Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 MarketWatch The most likely outcome is that this set of tariffs ”will be delayed or canceled before the Aug. 19 deadline,” said Tobin Marcus, head of U.S. policy and politics at Wolfe Research, in a note. “We would be surprised, though not completely shocked, to see the 50% tariffs actually take effect next week.”
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02 Epoch Times Business On July 20, the White House announced the additional tariffs on certain Canadian goods, in retaliation for “unreasonable and unequal treatment” of U.S. alcohol, automotive, and dairy exports.
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03 Bloomberg Mexico Weighs Tougher Trade Rules for China as US Talks Grind On Mexico is weighing plans to impose further trade restrictions on selected products from China and other countries while raising existing import taxes on others, according to four people familiar with the matter.
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04 Common Dreams 5 #000000 #FFFFFF After the passage of a law that allows people with Canadian ancestry going back generations to apply for citizenship, archivists are also seeing an increase in requests for genealogical records.
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05 BBC Business Canadian negotiators have been camped out in Washington for a week, trying to pin down some agreement before new 50% tariffs on some $20bn (C$28bn) worth of Canadian imports come into effect on Wednesday.
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06 CNBC Trump and Carney spoke late Monday and are set to speak again Tuesday, Bloomberg reported. The talks between the leaders on Monday night did not convince Trump to hold off on the forthcoming retaliatory tariffs, Fox Business reported. The White House did not immediately respond to CNBC's request for comment.
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07 Washington Times Business Somehow the two neighbors still managed to remain friends, allies - and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11. The 5,525-mile U.S.-Canada border is undefended, and nearly 330,000 people and $2 billion dollars’ worth of goods cross it every day; 800,000 Canadians live in the United States.
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08 Fortune Somehow they still managed to remain friends, allies — and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11. The 5,525-mile U.S.-Canada border is undefended, and nearly 330,000 people and $2 billion dollars’ worth of goods cross it every day; 800,000 Canadians live in the United States.
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