Canadian and American negotiators are expected to meet again today in a high-stakes effort to avert new U. S. tariffs that could take effect just after midnight. The talks are focused on resolving disputes that have led the U. S. to threaten substantial tariffs on approximately $30 billion worth of Canadian goods.
Prime Minister Mark Carney is scheduled to speak with U. S. President Donald Trump by phone later today, a conversation that could prove pivotal in the ongoing negotiations. Canada-U. S. Trade Minister Dominic LeBlanc and Canada's chief trade negotiator, Janice Charette, have been engaged in continuous discussions with their U. S. counterparts, including U. S. Trade Representative Jamieson Greer, in Washington. These negotiations are described as "delicate" and "intense" by Prime Minister Carney, highlighting the critical nature of the moment.
The proposed U. S. tariffs, reportedly authorized under Section 338, could reach up to 50 per cent on a range of Canadian products, including items like hockey sticks. The U. S. administration has cited issues such as Canadian dairy policies, alcohol import rules, and auto sector disputes as reasons for the proposed levies. If an agreement is not reached, these tariffs could disrupt supply chains and impact businesses on both sides of the border, with the U. S. Chamber of Commerce expressing concerns about potential economic damage. The urgency is palpable as both sides work towards a resolution before the deadline passes.
