Canada prepared to halt booze bans, meet other U.S. demands in exchange for tariff relief: sources
Canada is considering concessions on alcohol, autos and dairy as it seeks relief from a threatened 50% U.S. tariff, sources said.
- Facing an August 19 tariff deadline, Canada initiated trade talks with President Donald Trump to resolve U.S. grievances and avert a threatened 50% levy on Canadian imports.
- Trump's 50% levy threat stems from U.S. complaints about Canadian dairy quota distribution, provincial alcohol bans, and auto tariffs that have been in place since last year.
- Negotiators offered to remove retaliatory auto tariffs and adjust dairy quota allocations, though federal officials cannot unilaterally order American alcohol back onto provincial store shelves due to provincial jurisdiction.
- On Thursday, Trade Minister Dominic LeBlanc and chief negotiator Janice Charette met U.S. Trade Representative Jamieson Greer in Washington, describing the session as "constructive and detailed."
- Prime Minister Mark Carney seeks a "comprehensive, global deal" as any trade agreement would integrate into the broader United States-Mexico-Canada Agreement review now extending into next year.
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The Carney government and the Trump administration are getting closer to a "comprehensive" trade deal, two sources say, as negotiations intensify ahead of a looming wave of new U.S. tariffs.
Canada mulls concessions, including ending U.S. booze bans, in ongoing trade talks with Trump team: source
Canada is considering concessions in trade talks with the United States, including ending provincial bans on U.S. alcohol, to avoid an additional set of tariffs set to take effect in less than two weeks, a source familiar with the ongoing negotiations confirms with CityNews. The source’s identity is being protected as they have not been […]
Signs that negotiations are entering a crucial phase, Canada-United States Trade Minister Dominic LeBlanc will travel to Washington on Monday for the third time in three weeks to reach an agreement to avoid the imposition of new tariffs by the Trump administration on August 19.
Canada prepared to halt booze bans, meet other U.S. demands in exchange for tariff relief: sources
The Canadian government is preparing to meet some U.S. demands — including ending bans on American alcohol sales — in exchange for tariff relief as trade talks heat up ahead of the latest tariff deadline, according to sources.
Canada and the United States are negotiating a possible agreement in which Ottawa would meet a number of trade demands from the Donald Trump government in exchange for Washington withdrawing the threat of imposing new tariffs, a source reported this Friday.
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