Canada Offers U.S. Trade Concessions to Avert 50% Tariffs as Carney Demands Broader Deal
Updated
Updated · The New York Times · Aug 8
Canada Offers U.S. Trade Concessions to Avert 50% Tariffs as Carney Demands Broader Deal
3 articles · Updated · The New York Times · Aug 8
Summary
Canada has put a package of trade concessions to Washington, including repealing its retaliatory tariff on U.S.-made autos, as it tries to stop planned 50% U.S. tariffs due in less than two weeks.
Mark Carney said Canada will not accept a narrow fix for individual disputes, insisting any agreement must cut current tariffs more broadly rather than resolve only autos, alcohol or dairy.
Talks resumed in Washington last week after months of limited contact and have at times included U.S. Trade Representative Jamieson Greer and Canadian trade minister Dominic LeBlanc.
The push builds on earlier Canadian plans to ease other U.S. complaints, including provincial bans on American alcohol sales, as Ottawa seeks wider relief before the Aug. 19 deadline.