Last Ditch Efforts in Washington: What's at Stake in the Canada US Trade Talks Canadian negotiators are racing against the clock to finalize a trade deal with their US counterparts before midnight, when President Donald Trump's threatened 50% tariffs on $28 billion worth of goods are set to take effect.
The stakes are high, and the outcome is far from certain. The negotiations have been marked by mixed signals and contradictory statements from both sides.
While Trump has expressed optimism about reaching a deal, his top deputy, Commerce Secretary Howard Lutnick, has reportedly been dissatisfied with the terms on offer.