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Back|U.S.-Canada trade negotiations continue, striving to reach agreement before tariff deadline
U.S.-Canada trade negotiations continue, striving to reach agreement before tariff deadline
Urgent
中央社·3 hours ago·Business·2 min read·🇨🇳China·

U.S.-Canada trade negotiations continue, striving to reach agreement before tariff deadline

Quick Look

  • The chief trade negotiators of the United States and Canada held talks in Washington for the third consecutive day, striving to reach an agreement before the tariffs threatened by the United States on the 22nd take effect.
  • President Trump said progress is going well, but if negotiations break down, Canadian goods will face 50% tariffs.

AI-generated summary

Why It Matters

U.S.-Canada trade tensions have lasted for 18 months, stemming from Trump's imposition of tariffs on Canadian imports, which subsequently triggered Canadian countermeasures.

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The chief trade negotiators of the United States and Canada met in Washington for the third consecutive day today, striving to finalize a trade agreement before the new tariffs threatened by the United States take effect on the 22nd.

Reuters reported that as negotiations continued, U.S. President Trump said he expected the United States and Canada to reach an agreement, but did not disclose details. He also said that the United States has begun negotiating a trade agreement with Mexico.

"I've dealt with the prime minister and we have a good relationship... the Canadian deal is going very well and we should be able to make a deal with Canada," Trump told reporters at Joint Base Andrews in Maryland, referring to Canadian Prime Minister Carney.

Once the United States and Canada reach an agreement, it will help ease 18 months of tense relations. This wave of tensions began when Trump imposed tariffs on major Canadian imports, and the Ottawa government subsequently adopted a series of countermeasures.

Trump said that if the two sides fail to reach an agreement, an additional 50% tariff will be imposed on Canadian goods worth approximately US$20 billion starting at 12:01 a.m. EST on the 22nd.

Canadian Minister Dole Blanc, who is responsible for trade with the United States, met with U.S. Trade Representative Greer for more than three hours on the 20th. Doleblanc said after the meeting that the two sides were "very close" to reaching a trade agreement, but there was still some work to be done.

However, even if an agreement is reached, Carney may have difficulty explaining to the domestic people and the governors of the 10 provinces. A poll released by the polling agency Leger on the 19th showed that 56% of Canadians hope that Carney will not make any more concessions.

Sources pointed out that the agreement is expected to reduce tariffs on Canadian-made cars from 25% to 15%, and tariffs on Canadian steel and aluminum will also be halved to 25%. Ontario, Canada's main producer of steel and aluminum, hopes to completely eliminate related tariffs.

What to Watch

AI outlook — possibilities, not facts

  • If an agreement is not reached, the United States will impose an additional 50% tariff on Canadian goods on the 22nd.

    Very likely · Within days

Open Questions

  • ?Can an agreement be reached before the 22nd deadline?
  • ?How will the Canadian government handle domestic opposition to concessions?

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This article was originally published by 中央社.

Quick Look

  • The chief trade negotiators of the United States and Canada held talks in Washington for the third consecutive day, striving to reach an agreement before the tariffs threatened by the United States on the 22nd take effect.
  • President Trump said progress is going well, but if negotiations break down, Canadian goods will face 50% tariffs.

AI-generated summary

Story signals

Emotional intensity
High
News value
High
Global impact
Global
Urgency
Urgent
Follow-up likelihood
Certain
Relevance window
Days

Source & Reliability

Source
中央社
Story type
Hard news
Source quality
Full
Published
3 hours ago
Last updated
3 hours ago

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