US and Canada near trade deal to reduce auto and metal tariffs
The US has delayed the implementation of new tariffs on Canadian imports following progress in ongoing trade negotiations.
The Business Standard20 August 2026, 10:45 AM0 readsAMP
The United States and Canada are nearing a trade agreement that could potentially lower tariffs on automobiles and metal products. US President Donald Trump had previously threatened to impose a new round of tariffs on Canadian imports starting Wednesday. However, citing progress in the ongoing discussions, the administration has extended the deadline to Saturday.
