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People familiar with the matter revealed that an agreement between the US and Canada aimed at avoiding the imposition of new tariffs on Canadian goods has now been decided by US President Trump. Currently, Trump has the power to decide whether to officially introduce 50% tariffs as planned at midnight. US and Canadian officials began uninterrupted negotiations over the past few days. The US government pressured Canada to cancel the retaliatory measures introduced against Trump's tariffs last year, including bans imposed by various Canadian provinces on US alcohol and tariffs imposed on US cars; the Ottawa side hoped that the US side would lower tariffs on automobiles and other goods. Two people familiar with the matter said that this potential agreement, which is gradually being formed, also includes Canada's concessions on dairy tariff quotas. This issue frequently appears in Trump's public statements criticizing Canada's trade policy.

Zhitongcaijing·08/18/2026 19:17:00
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People familiar with the matter revealed that an agreement between the US and Canada aimed at avoiding the imposition of new tariffs on Canadian goods has now been decided by US President Trump. Currently, Trump has the power to decide whether to officially introduce 50% tariffs as planned at midnight. US and Canadian officials began uninterrupted negotiations over the past few days. The US government pressured Canada to cancel the retaliatory measures introduced against Trump's tariffs last year, including bans imposed by various Canadian provinces on US alcohol and tariffs imposed on US cars; the Ottawa side hoped that the US side would lower tariffs on automobiles and other goods. Two people familiar with the matter said that this potential agreement, which is gradually being formed, also includes Canada's concessions on dairy tariff quotas. This issue frequently appears in Trump's public statements criticizing Canada's trade policy.