Canada Rejects Latest U.S. Counter-Offer as Tariff Deadline Looms
One week before 50 per cent tariffs on billions in Canadian goods take effect, Canada has rejected the latest U.S. counter-offer in ongoing trade negotiations, sources tell CBC News.
With the August 19 tariff deadline approaching, Canadian negotiators have walked away from the latest proposal put forward by the U.S. Trade Representative's office. U.S. Trade Representative Jamieson Greer said both U.S. President Donald Trump and Canadian Prime Minister Mark Carney will be given "options" to consider following Thursday's trade talks in Washington.
Trade Minister Dominic LeBlanc met with Greer on August 13 as both sides continue intensive negotiations. The rejection signals that Canada sees insufficient movement on key issues, though both sides are continuing to engage at the highest levels.
What's at stake
- Proposed 50% tariffs would affect billions of dollars in bilateral trade
- Deal options are being prepared for Trump and Carney to review before the August 19 deadline
- Both countries appear to be exploring multiple paths forward
If you do business with the U.S. or rely on cross-border supply chains, tariff uncertainty is likely affecting your plans. For expats working in trade-dependent sectors, following these negotiations closely is essential—tariffs could reshape hiring and investment decisions across Canada in the coming weeks.
Sources
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