Trump, Carney Hold Tariff Talks
The U.S. and Canada seek a deal before Trump's threatened 50% tariffs take effect.
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President Donald Trump and Canadian Prime Minister Mark Carney spoke again as negotiators sought a last-minute deal before U.S. 50% tariffs on roughly $20B of Canadian imports take effect at 12:01 a.m. Aug. 19. The planned duties would cover products including hockey sticks, wine, dairy products, cement, clothing, fishing rods and swimming pools. U.S. Trade Representative Jamieson Greer led talks with Canadian officials, with auto tariffs and Canada’s retaliatory measures among sticking points. Ottawa warned the levies could cause job losses and business closures.
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