Canada, U.S. officials work to finalize trade deal after new tariffs paused
asserted
officials → work → tariffs
- Canadian and U.S. officials are working on finalizing a deal that would avert new U.S. tariffs on nearly $30 billion in Canadian goods that were due to take effect today.
asserted
that → work → effect
- Prime Minister Mark Carney and his negotiators discussed the prospective deal with his cabinet and the premiers this afternoon.
asserted
Carney → discuss → cabinet
- Carney asked the provinces to return American alcohol to store shelves, and to not specifically exclude the U.S. from their procurement policies, according to Nova Scotia Premier Tim Houston.
uncertain
Carney → ask → Houston
- A source with knowledge of the forthcoming agreement said U.S. tariffs on Canadian steel and aluminum are being lowered from 50 per cent to 25 per cent, and that Canadian officials are aiming to complete the deal by Friday.
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officials → say → Friday
- U.S. President Donald Trump also said earlier today he has brokered "a very good deal" with Canada.
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he → say → Canada
A statement from the White House said an agreement with Canada is being finalized but did not contain any details.
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agreement → say → details
Pinned
What we learned today about the Canada-U.S. trade deal in the works
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learned → pin → works
On Tuesday night, U.S. President Donald Trump said he paused his threatened 50 per cent tariffs on nearly $30 billion of Canadian goods.
asserted
he → say → goods
A full day later, Canadian and American leaders and negotiators are still ironing out the details of a trade deal that is expected to slash U.S. tariff rates on Canadian goods in exchange for provinces returning American liquor to store shelves, among other possible concessions.
asserted
provinces → iron → concessions
Here's what we learned today about the trade agreement in the works:
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we → learn → works
In a virtual briefing to the country's first ministers, Prime Minister Mark Carney asked provincial and territorial premiers to put American booze back on their shelves.
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Carney → ask → shelves
The provincial alcohol bans — originally put in place last year after Trump imposed tariffs on Canada — have been a trade irritant publicly bemoaned by U.S. officials.
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Trump → put → officials
Saskatchewan and Alberta had already returned American liquor to stores in their provinces.
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Saskatchewan → return → provinces
Trump's 50 per cent tariff threat is "not coming into effect," Saskatchewan Premier Scott Moe told reporters after Carney's briefing.
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Moe → come → briefing
Canada is still looking for a reduction to the existing tariff regime.
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Canada → look → regime
A source close to the negotiators told CBC News that officials plan to have the deal finished by Friday night.
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deal → tell → night
Canada's chief trade negotiator, Janice Charette, is still in Washington working on the agreement while Canada-U.S. Trade Minister Dominic LeBlanc returned to Ottawa today.
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LeBlanc → work → Ottawa
Another source with knowledge of the negotiations says the deal in the works includes the U.S. lowering its headline tariff rate on Canadian-made vehicles to 15 per cent, down from the current 25 per cent.
asserted
U.S. → say → cent
The source said it is expected that an exemption for U.S.-made content in those vehicles will remain in place.
asserted
exemption → say → place
That exemption could reduce the effective tariff rate by up to half, to 7.5 per cent.
uncertain
exemption → reduce → cent
Updates
August 20
David CummingsWhat we learned today about the Canada-U.S. trade deal in the works
On Tuesday night, U.S. President Donald Trump said he paused his threatened 50 per cent tariffs on nearly $30 billion of Canadian goods.
asserted
he → learn → goods
A full day later, Canadian and American leaders and negotiators are still ironing out the details of a trade deal that is expected to slash U.S. tariff rates on Canadian goods in exchange for provinces returning American liquor to store shelves, among other possible concessions.
asserted
provinces → iron → concessions
Here's what we learned today about the trade agreement in the works:
asserted
we → learn → works
In a virtual briefing to the country's first ministers, Prime Minister Mark Carney asked provincial and territorial premiers to put American booze back on their shelves.
asserted
Carney → ask → shelves
The provincial alcohol bans — originally put in place last year after Trump imposed tariffs on Canada — have been a trade irritant publicly bemoaned by U.S. officials.
asserted
Trump → put → officials
Saskatchewan and Alberta had already returned American liquor to stores in their provinces.
asserted
Saskatchewan → return → provinces
Trump's 50 per cent tariff threat is "not coming into effect," Saskatchewan Premier Scott Moe told reporters after Carney's briefing.
asserted
Moe → come → briefing
Canada is still looking for a reduction to the existing tariff regime.
asserted
Canada → look → regime
A source close to the negotiators told CBC News that officials plan to have the deal finished by Friday night.
asserted
deal → tell → night
Canada's chief trade negotiator, Janice Charette, is still in Washington working on the agreement while Canada-U.S. Trade Minister Dominic LeBlanc returned to Ottawa today.
asserted
LeBlanc → work → Ottawa
Another source with knowledge of the negotiations says the deal in the works includes the U.S. lowering its headline tariff rate on Canadian-made vehicles to 15 per cent, down from the current 25 per cent.
asserted
U.S. → say → cent
The source said it is expected that an exemption for U.S.-made content in those vehicles will remain in place.
asserted
exemption → say → place
That exemption could reduce the effective tariff rate by up to half, to 7.5 per cent.
uncertain
exemption → reduce → cent
- Holly Cabrera
Keystone XL revival 'not a stretch,' says Kenney
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Kenney → say → ?
The Keystone XL pipeline intended to move oil from Hardisty, Alta., into the U.S. was cancelled in 2021.
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pipeline → intend → 2021
As Travis McEwan reports, some Alberta leaders are encouraged by President Donald Trump hinting that it may not be dead.
uncertain
it → report → Trump
Former Alberta premier Jason Kenney says he believes reviving a project like the Keystone XL pipeline is "not a stretch of the imagination," provided it receives the right regulatory backing and capital cost guarantees.
asserted
it → say → backing
Late on Tuesday, Trump suggested in an online post that the contentious project connecting Alberta crude to Texas refineries would be revived as the U.S. and Canada continue negotiations.
uncertain
U.S. → suggest → negotiations
The president also shared an AI-generated image showing him lifting a massive pipeline tagged "Keystone" out of a grave, with two American flags waving in the background and a headstone that reads, "Buried by Biden."
asserted
that → share → Biden
…and 47 more, not listed.
