Canada, U.S. trade talks reach an impasse
Trade negotiations between Canada and the U.S. have stalled, with no talks scheduled before the implementation of retaliatory tariffs on September 8. Both nations are bracing for an escalation in the ongoing trade war.
Why it matters
The breakdown in trade talks threatens significant economic disruption for both nations, impacting industries ranging from steel to dairy.
In a briefing to business leaders on Friday afternoon, Canada-U.S. Trade Minister Dominic LeBlanc there are no negotiations scheduled for the Labour Day long weekend. Darren Calabrese/The Canadian Press
Canada and the U.S. have no plans to resume trade talks before Ottawa’s retaliatory tariffs take effect on Tuesday, a move likely to provoke even more tariffs from Washington and deepen U.S. President Donald Trump’s continental trade war.
One Canadian government official told The Globe and Mail on Friday that there are no negotiations scheduled for the Labour Day long weekend. Dominic LeBlanc, the minister in charge of the file, delivered a similar message in a briefing to business leaders on Friday afternoon, according to two other people with knowledge of the call.
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