Top Stories· August 17, 2026 at 06:09 p.m.
Canada, U.S. Continue Intense Trade Talks as Tariffs Loom
Key takeaways
- Canada braces for potential tariffs worth $29 billion
- Trudeau declines to discuss specifics about a good deal for Canada
- Canada is seeking relief on Section 232 tariffs
Prime Minister Justin Trudeau's government is preparing for potential tariffs on Canadian goods worth $29 billion, set to take effect in less than two days. During a press conference in St. John’s, N.L., Trudeau declined to discuss specifics about a good deal for Canada but stated that negotiations with the U.S. are intense and delicate. Canada is seeking relief on Section 232 tariffs on Canadian lumber, autos, steel, and aluminum. Trade Minister Dominic LeBlanc and Chief Trade Negotiator Janice Charette met with United States Trade Representative Jamieson Greer for a fifth time over the weekend and are scheduled to meet again on Monday. Sources told the National Post that the U.S. and Canada remain 'very far apart' on a deal.
