Canada has less than a month to negotiate before the August 19 deadline and avoid 50% tariffs on nearly $20 billion in annual exports to the United States. These tariffs, announced on July 20, target dairy products, automobiles, alcohol, and various consumer goods. Negotiations are being led by Canadian Trade Minister Dominic LeBlanc and US Trade Representative Jamieson Greer. The Carney government has proposed repealing retaliatory tariffs on US-made vehicles to defuse the conflict in the automotive sector. The United States invokes Section 338 of the Tariff Act of 1930, accusing Canada of discriminatory trade practices against American exporters despite the USMCA framework.
Source: Read the original article

