With only hours to spare for Canada to strike a trade deal with the United States, a wide swath of Canadian businesses are on edge — with some expecting as much as half of their sales could disappear if the punishing new levies take hold.
The latest round of U.S. tariffs are set to take effect Wednesday unless a last-minute deal is reached. They would layer on top of existing U.S. trade sanctions, adding another duty to $28 billion worth of Canadian products including electronics, dairy, alcohol, wood and more.
Negotiations are coming down to the wire. Canadian officials could see U.S. Trade Representative Jamieson Greer again before Prime Minister Mark Carney and U.S. President Donald Trump speak ahead of Wednesday’s tariff deadline, a source with direct knowledge of the talks told CBC News. America’s top trade negotiator has made it clear that it will be Trump who ultimately makes…
