World · 8 August 2026
Canada offers US trade concessions to avoid new tariffs
Canada is discussing a potential deal with the US to address trade demands and avoid further tariffs, which President Trump has threatened to impose. Prime Minister Mark Carney described the ongoing negotiations as "nasty" but necessary to protect Canadian jobs and businesses. The US has already imposed duties on Canadian steel, aluminum, and automobiles, with Trump threatening 50% tariffs on more goods from August 19.
Reported by Reuters · How we write briefs