Washington and Ottawa Both Tout Gains in Latest Deal Averting New Tariffs
U.S. President Donald Trump says a preliminary trade deal made with Canada will benefit both countries, including by reducing some existing U.S. tariffs on Canadian goods, as the two sides work to finalize a deal before a three-day pause on new U.S. 50 percent tariffs expires. “We had a very good conversation with the prime [...]
TL;DR
- A preliminary trade deal has been reached between the U.S. and Canada.
- The deal is described as fair and beneficial for both countries.
- Canadian tariffs on U.S. farmers are expected to be completely eliminated.
- The agreement aims to finalize before a pause on new U.S. tariffs expires.