Canada discussing trade concessions with US for some tariff relief, Globe and Mail reports
Talks centered on an interim swap that could ease steel and aluminum levies while Canada seeks relief from threatened tariffs, sources said.
- Trade Minister Dominic LeBlanc met U.S. Trade Representative Jamieson Greer in Washington this week to negotiate an interim trade deal addressing tariff disputes before the August 19 deadline.
- President Donald Trump threatened 50-per-cent tariffs on US$20-billion of Canadian products starting August 19, escalating existing Sec. 232 duties on steel and aluminum that have strained Canadian industrial sectors.
- Negotiators are reportedly discussing a potential swap where Canada addresses U.S. trade irritants—including dairy quotas and alcohol sales—in exchange for relief from sectoral tariffs on steel and aluminum.
- Conservative Leader Pierre Poilievre criticized Prime Minister Mark Carney's handling of the dispute on Thursday, demanding results, while President Trump called Canada's leadership "nasty" on Wednesday during a Las Vegas rally.
- Canada's commitment to purchase $19-billion in U.S.-made F-35 fighters is under negotiation as the two nations navigate a broader protectionist environment following the U.S. decision to end the USMCA extension.
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(New York = Yonhap News) Correspondent Lee Ji-heon = Canada will receive tariff relief from the U.S. on certain items in exchange for accepting trade-related demands from the Donald Trump administration...
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.
US, Canada had ‘constructive’ trade talks in Washington, Canadian minister says
OTTAWA, Aug 6 (Reuters) - Canadian officials had a "constructive and detailed meeting" with U.S. Trade Representative Jamieson Greer in Washington on Thursday, said Dominic LeBlanc, the Canadian government minister in charge of trade relations wi...
Canadian ministers are in Washington, D.C., to advance negotiations for an agreement for the ACEUM and tariff withdrawal.
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