U.S. and Canada hold last-minute negotiations to prevent Trump's 50% tariffs
Summary
The United States and Canada are having urgent talks to avoid new tariffs. President Donald Trump has set a deadline after which he plans to charge 50% tariffs on $20 billion of Canadian goods if no agreement is made.Key Facts
- The U.S. and Canada are negotiating to stop new tariffs.
- President Donald Trump set a 12:01 a.m. Wednesday deadline for a deal.
- If no deal happens, the U.S. will impose 50% tariffs.
- The tariffs will affect $20 billion worth of Canadian products.
- Affected products include hockey sticks and tongue depressors.
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