Canada races to avert looming 50% US tariffs on exports
Canadian officials are making a last-ditch effort to secure a reprieve from 50% tariffs that the United States is due to impose on a broad range of Canadian exports on Wednesday. The talks come as negotiations between the two countries enter the eleventh hour, with Ottawa trying to avoid a new trade shock affecting billions of dollars in goods. The threatened duties would apply to products including electronics, industrial machinery, furniture, dairy products and wine.The tariffs would cover about $20.2bn worth of goods, or roughly 5% of US imports from Canada, according to the Center for Strategic and International Studies.... [Continue Reading]
360LiveNews | 18 Aug 2026 09:30 LONDON
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