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Canada vs U.S. Trade War Looms | Calgary News

Canada vs U.S. Trade War Looms | Calgary News

Published 3 weeks, 3 days ago
Description

Canada braces for a major trade showdown with the U.S., set to hit August 19th, as Washington prepares to slap a 50% tariff on Canadian exports including aluminum, steel, autos, and clothing — a move triggered by disputes over dairy quotas and alcohol bans. Prime Minister Carney is personally engaged, with top negotiators in Washington pushing for a last-minute deal, while warning of possible Canadian retaliation using energy and potash as leverage. With less than two weeks until implementation, both sides are racing to avoid a damaging escalation that could cost Canada nearly $30 billion in lost exports.

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