The U.S. and Canada are holdin... Note
Fast Company

The U.S. and Canada are holding last-minute negotiations to block Trump’s 50% tariffs

The United States and Canada are in intense, last-minute negotiations to avert a Wednesday tariff deadline. President Trump has threatened 50% tariffs on $20 billion of Canadian goods if no deal is reached. This aggressive stance deviates from the traditionally cooperative relationship between the two allies, who share a vast border and deep economic ties. Trump's use of tariffs is central to his economic agenda, aimed at bringing manufacturing back to the U.S. He has invoked Section 338 of the 1930 Tariff Act, a rarely used provision, asserting Canada discriminates against U.S. exports. Canada has expressed frustration with U.S. tariffs and Trump's inflammatory rhetoric, with a petition circulating to expel the U.S. ambassador. The U.S. seeks concessions from Canada on military equipment and critical minerals. Canada desires relief from existing U.S. tariffs on steel, aluminum, and lumber. The ongoing trade dispute complicates the renegotiation of the USMCA trade pact. Canada faces a delicate balancing act, needing to secure a deal without appearing to capitulate to U.S. demands, which could lead to public backlash.
CdXz5zHNQW_UYZjIvU1xu.jpeg