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Canada Rushes to Avoid 50% U.S. Tariffs | Vancouver News
Description
Canada’s racing against time to seal a trade deal with the U.S. before August 19th, as Trump threatens 50% tariffs on Canadian staples like beer, milk, and hockey sticks — risking a full-blown trade war. The U.S. is pushing Canada to scrap auto, dairy, and alcohol restrictions under Section 338, targeting nearly $29 billion in trade. While some in Canada see a temporary truce possible, they warn retaliation could follow if tariffs hit — putting PM Trudeau under pressure. Canada’s asking for relief on steel, aluminum, and lumber tariffs in exchange for concessions, fearing new U.S. tariffs could derail future deals. With provincial leaders holding sway over alcohol rules, negotiators are scrambling for a real win-win before the deadline — no delays, just deals that cut costs and keep trade flowing.
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