<- Back to homepage

Intense US-Canada Trade Talks as Tariff Deadline Approaches

Source: BBC Business - Published: 18 Aug 2026 03:02

Negotiations between Canada and the US are intensifying as a deadline looms for new tariffs set to take effect in less than 48 hours. Canadian officials are in Washington attempting to finalize an agreement to prevent 50% tariffs on approximately $20 billion worth of Canadian imports. Prime Minister Mark Carney has emphasized the sensitivity of the discussions, keeping details under wraps while asserting that any deal must be beneficial for Canada.

Both sides have acknowledged the challenges in reaching a consensus, with the US demanding concessions from Canada, including the removal of retaliatory tariffs and adjustments to dairy quotas. Public sentiment in Canada reflects a reluctance to make significant concessions, with many Canadians feeling the impact of the trade dispute on their households.

Briefed by Gibik from the original source.