U.S.-Canada trade talks collapse, massive tariffs to take effect
Trade talks between the U.S. and Canada fell apart late Friday night, and both sides said steep new tariffs will go into effect. Why it matters: It's an unprecedented breakdown in relations with the second-largest U.S. trading partner. Catch up quick: Trump last month threatened to invoke Section 338 of the Tariff Act of 1930 to hit a slew of Canadian goods with additional 50% duties, including alcohol, hockey equipment, cement and dairy products. No president has ever used Section 338 to…
Axios
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CurrentWire ranked this story 61.9 of 100 in the snapshot this page was rendered from.
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Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Business · US & Canada · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Canada (39), Trade (32), United States (78).
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