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Canada Walks Away from U.S. Trade Deal | Edmonton News

Canada Walks Away from U.S. Trade Deal | Edmonton News

Published 6 days, 23 hours ago
Description

Trade talks between the U.S. and Canada hit a snag as key details in the proposed agreement clashed—think of it like buying a house only to discover the appliances aren’t included and the warranty’s void. The fallout sent the Canadian dollar tumbling, with analysts predicting more volatility but also hope for renewed talks this week. Major sticking points? The U.S. refused to include medium/heavy-duty vehicles in tariff relief, demanded limits on Canada’s ability to strike independent trade deals, and pushed back on French-language protections—something Canada sees as non-negotiable. Canada walked away, calling the terms unfair and uneconomic under pressure from the U.S., though officials say communication lines remain open.

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