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US, Canada working on deal to ease steel, auto tariffs: Report
Officials are discussing targeted relief from duties of up to 50% on Canadian steel and 25% on autos as talks intensify before the U.S. elections.
- Trade talks between the U.S. and Canada are moving quickly at a political level, with Trade Minister Dominic LeBlanc leading the Canadian side toward a mutually beneficial deal.
- Canada walked away from negotiations in late summer after the American government proposed a "bad deal" that "asked too much and offered too little," according to Prime Minister Mark Carney.
- Last week, President Donald Trump exempted specific Canadian goods from 50 per cent tariffs to help Maine Republican Senator Susan Collins's re-election, while imposing new levies on other imports.
- "Pens are down, and the doors are open," said Canada's lead negotiator Janice Charette on Thursday, though detailed negotiations have not yet resumed at the formal table.
- Despite Trump's claims that a deal will be settled "pretty soon," sources warn that "key elements remain unresolved" and Canada will judge any offer as a whole before committing.
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After Canada fires back with retaliatory tariffs, Trump and Carney move to ease trade war in 2 sectors as South Africa braces for U.S. duty slap
Washington and Ottawa are currently negotiating an agreement to lower U.S. duties on Canadian automotive and steel imports, aiming to de-escalate cross-border trade tensions after previous talks broke down.
·New York, United States
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Before the US Congress elections, President Trump struggles with poor polling values. US tariffs on Canadian products have also become a burden in the election campaign - especially for Republican candidates at the border. Now, a quick solution is to be found, as insiders report.
Report: USA lift tariffs on certain Canadian goods +++ Date reached for US import ban on Canadian goods +++ The newsblog.
·Düsseldorf, Germany
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Coverage Details
Total News Sources38
Leaning Left6Leaning Right10Center5Last UpdatedBias Distribution48% Right
Bias Distribution
- 48% of the sources lean Right
48% Right
L 28%
C 24%
R 48%
Factuality
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