WAPO: No deal reached in U.S.-Canada trade talks as 50 percent tariffs take effect

WAPO: No deal reached in U.S.-Canada trade talks as 50 percent tariffs take effect

A potential deal between the U.S. and Canada fell apart Friday, leaving new tariffs to take effect, a move expected to escalate tensions between the Trump administration and America’s northern neighbor.

Beer, cheese and a long list of other Canadian imports become subject to new 50 percent tariffs at midnight Saturday.

Negotiators from the two countries had worked for weeks to reach a deal to avoid the tariffs, which President Donald Trump announced last month. Trump paused the implementation of the tariffs earlier this week as talks continued. But officials said late Friday night that a deal had not been reached and tariffs would go into effect.


Carney didn’t share details of the negotiation.

As bits and bites were leaked it became apparent that it was a crappy deal for Canada with the Auto sector being slowly suffocated and the Dairy Cartel untouched.

Was the negative reaction to the leaks the real reason Carney walked away.

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Canada-U.S. Trade Talks Collapse; Washington Imposes New Tariffs

Canada-U.S. Trade Talks Collapse; Washington Imposes New Tariffs

Crucial trade talks between the United States and Canada to stave off punishing new tariffs by the Trump administration on Canadian goods collapsed late Friday, with Canada saying it would retaliate “dollar for dollar.”

United States trade representative Jamieson Greer told reporters that Canada had walked away from the negotiating table after days of talks had brought them close to an agreement that would avert 50 percent tariffs on more Canadian goods. President Trump had this week repeatedly said that the two countries, locked into a trade war since last year, were very close to a “good deal.”

(more…)

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US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs

US-Canada Trade Talks Collapse, Triggering 50% Trump Tariffs

An agreement between the US and Canada to avert a fresh round of tariffs fell apart at the last minute, meaning the Trump administration will impose a 50% import tax on billions of dollars in Canadian goods.

New tariffs will kick in at 12:01 a.m. time on Saturday on hundreds of items the US buys from Canada, such as plywood, liquor, electrical equipment and hockey gear.


Carney Bloviates

CBC confirms collapse – Canada declines to finalize trade deal, new tariffs set to take effect: U.S. trade rep

Canada vows dollar-for-dollar response to Trump’s 50% tariffs

Canada rejects U.S. trade deal, tariffs come into force

(more…)

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CHARLEBOIS: Canadians paid dairy farmers for competition consumers never got

CHARLEBOIS: Canadians paid dairy farmers for competition consumers never got

Canada and the United States are once again negotiating under the threat of tariffs. Washington has temporarily postponed a proposed 50% tariff on roughly $20 billion in Canadian goods while the two countries attempt to finalize a broader trade arrangement.

Dairy access, along with American alcohol sales in Canada, has emerged as a central U.S. grievance. The threatened tariffs are excessive, and their legal justification is debatable. But Ottawa cannot dismiss every American complaint as protectionist fiction. On dairy, Washington is asking Canada to demonstrate that the market access it promised when CUSMA took effect in 2020 is real.

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Canadian travel boycott of U.S. may be bottoming out

Canadian travel boycott of U.S. may be bottoming out

After more than a year of political tensions and fractured trade relations that sparked nationwide movements to buy domestically and avoid travel to the United States, Canadians increased their trips south of the border this summer – but not by much.

In June, Canadian residents returned from 2.3 million trips to the U.S., marking a 5 per cent year-over-year increase, Statistics Canada said on Thursday.

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Why a 15% U.S. tariff on Canadian-made cars would still be an existential threat to our auto sector

Why a 15% U.S. tariff on Canadian-made cars would still be an existential threat to our auto sector

A 15 per cent tariff on Canadian-made cars entering the U.S. would still be a major problem for this country’s automotive sector even if it’s better than what we’ve been threatened with, industry analysts say.

According to reports from several U.S. publications, the U.S. has agreed to cut the tariff on Canadian-made cars from the current 25 per cent to 15, as part of a tentative trade deal this week.

The bigger problem, experts say, is that the tariff would likely apply to all non-U.S. content, including Canadian-made parts.

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Scott Stinson: As Ottawa asks provinces to end US liquor bans, Captain Canada goes silent

Scott Stinson: As Ottawa asks provinces to end US liquor bans, Captain Canada goes silent

In just about every public appearance he has made over the last few months, Doug Ford has expressed his displeasure with Donald Trump.

Often it comes as an aside to his scripted remarks, as when the Ontario premier, while recently mentioning the importance of trust in a trade relationship, veered off to say that he didn’t “trust Trump as far as I could throw him.” Or, when saying how much he generally likes Americans, he’ll pause and say, “I’ll tell ya, there’s one guy down there I don’t like too much.”


Ford adviser …

h/t Mauser

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Vance weighs in on how Carney tried to ‘out-tough’ Trump

Vance weighs in on how Carney tried to ‘out-tough’ Trump

WASHINGTON — U.S. Vice-President JD Vance weighed in on the latest trade deal with Canada at a fundraising event Wednesday, saying Prime Minister Mark Carney tried to “out-tough” President Donald Trump while crediting his longtime friend Conservative MP Jamil Jivani as a helpful advocate for Canada.

In audio from the fundraiser in Southampton, N.Y., which was provided to The Canadian Press by a source who attended the private function, Vance said Carney is a “very sweet guy” and he gets along with him quite well.

But, Vance said, Carney “comes in and puffs his chest out and says, ‘I’m going to, like, out-tough Donald Trump.'”

h/t Shasta

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If this deal’s auto-industry relief isn’t better than it first appears, Doug Ford should keep his booze ban

If this deal’s auto-industry relief isn’t better than it first appears, Doug Ford should keep his booze ban

This is not, by early appearances, the deal that Canada’s automotive sector wants or needs.

As trade negotiations entered crunch time this week, industry leaders warned with increasing urgency that Mark Carney could not afford to settle for a rumoured cut to U.S President Donald Trump’s tariffs on Canadian-assembled vehicles that would still leave the tariffs too high for those cars to be profitable.

But, as of late Wednesday, as details of a tentative agreement started to leak out, that was what seemed to have happened.

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Mark Carney faces political test defending trade deal that keeps tariffs in place

Mark Carney faces political test defending trade deal that keeps tariffs in place

OTTAWA — Prime Minister Mark Carney faces a tough political challenge to explain to Canadians why a deal that retains lower but punishing tariffs on steel, aluminum and autos and would put American booze back on Canadian shelves was the best trade deal he could reach with U.S. President Donald Trump.
Nova Scotia Premier Tim Houston, speaking in Banff, Alta., said the prime minister explicitly asked premiers to lift bans on U.S. liquor sales in provincial stores and allow American companies to bid on provincial contracts.


CBC don’t know much either

What’s on the table? Trump’s talk doesn’t sound quite like Canada’s

No one knows nuttin

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As Canadians obsess, Americans barely register the latest tariff news

As Canadians obsess, Americans barely register the latest tariff news

On Tuesday, at the eleventh hour, Donald Trump announced that Canada and the U.S. have reached a tentative trade deal, and paused a scheduled 50 per cent tariff on Canadian goods for three more days.

On Wednesday morning, the development featured as the top story on most, if not all, major Canadian news websites, including Bloomberg Canada, CBC, Global News, CTV and here, at National Post. It was also the front page story in today’s Globe and Mail.


Interesting perspective

h/t XC

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