US EditionU.S. and Canada might not reach trade deal, Trump says
CANADA, JUL 25 – President Trump said trade talks with Canada have stalled and tariffs may be imposed after the August 1 deadline, with $64 billion collected in customs duties by June 30.
- Just days before the Aug. 1 tariff deadline, Trump said `we haven’t been focused on finalizing a trade deal with Canada`, occurring as negotiations remain unresolved.
- In addition to Canada, he warned of high tariffs on Brazil, Mexico, and South Korea, as part of a broader tariff strategy.
- In Ottawa, Carney warned `our objective is not to reach a deal whatever it costs`, while LeBlanc said he was encouraged after meetings with U.S. officials.
- The statement sent ripples through markets as Canada’s main stock index scored a triple-digit gain on Friday.
- In the coming weeks, European officials warned that if no deal is reached by August 1, the EU plans to levy American goods with a 30% tariff, and Canada will face copper tariffs next month.
56 Articles
56 Articles
The deadline set by the U.S. President before 35% rates arrives next week.
Trump Says US and Canada May Not Reach Trade Deal
U.S. President Donald Trump says his country may not be able to reach an economic agreement with Canada, which may end up having to pay higher tariff rates. “We haven’t really had a lot of luck with Canada. I think Canada could be one where they’ll just pay tariffs; not really a negotiation,” Trump said while speaking to reporters at the White House on July 25. Trump said the United States is working “very diligently” to make progress on a deal …
U.S. Moves to Tariffs Over Talks as Canada Deal Ends, EU Retaliation Grows
President Trump has made clear that the United States is shelving the idea of a new trade deal with Canada and threatening major new tariffs on both Canada and Europe. This marks a sharp shift in trade policy that is already causing ripples for international business. With Canada, negotiations have broken down. The US will […]
New York Post
UpstractTrump forecasts ‘50-50 chance’ for EU trade deal, lower chance with Canada — and floats ‘rebate’ for some Americans
President Trump told reporters Friday that the US has a "50-50 chance" of reaching a trade deal with the European Union ahead of an Aug. 1 deadline, but sounded less optimistic about coming to an agreement with Canada -- before floating giving some Americans a "rebate" from the billions in tariff revenue taken in so far.
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