Lutnick’s last-minute demands derailed Canada trade talks: Reports

Lutnick’s last-minute demands derailed Canada trade talks: Reports

Negotiations between the U.S. and Canada reportedly collapsed following Commerce Secretary Howard Lutnick's late-stage intervention, leading to a trade war involving billions of dollars in tariffs.

US commerce chief’s intervention in Canada talks draws scrutiny

Lutnick viewed a framework deal as too generous to Canada and emerged as a champion for US metal producers. Read more at straitstimes.com.

US-Canada trade talks collapse as auto tariffs threaten North American supply chain

The collapse of US-Canada trade talks has put global automakers and suppliers on alert, as tariff disputes now threaten production costs, vehicle prices, and cross-border parts flows. The breakdown underscores how deeply integrated the North American auto industry remains. Disruption is likely to ripple well beyond the two countries.

Canada Rejects US Trade Demands, Marking a New Assertion of Economic and National Sovereignty

Canada has rejected a last-minute trade proposal from the United States, with Prime Minister Mark Carney declaring that Ottawa will not accept terms it considers unfair and economically damaging, even as the decision threatens to deepen trade tensions with Canada’s… The post Canada Rejects US Trade Demands, Marking a New Assertion of Economic and National Sovereignty appeared first on The Asia Live.