US-Canada trade deal hits fresh roadblock as 50% tariff threat looms

Meanwhile, the Economic Times daily newspaper is available online now.

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Meanwhile, the Economic Times daily newspaper is available online now. US-Canada trade accord stalls as Jamieson Greer states Ottawa maintains retaliation. US-Canada trade accord stalls as Jamieson Greer states Ottawa maintains retaliation. ET OnlineLast Updated: Aug 22, 2026, 09: 09: 00 AM IST.

Canada has declined to finalize a trade accord with Washington. US and Canadian negotiators remain locked in intensive discussions seeking an agreement. President Donald Trump temporarily delayed new tariffs on Canadian goods. Canada has imposed retaliatory tariffs on US goods in response to measures. Discussions focus on reducing US tariffs and removing Canadian trade barriers.

US Trade Representative Jamieson Greer remarked Canada has declined to finalise a trade agreement with Washington and continues to maintain retaliatory measures against the United States, casting fresh uncertainty over negotiations between the two neighbours. Greer's comments came as US and Canadian negotiators remained locked in intensive discussions in Washington, seeking to reach an agreement after President Donald Trump temporarily delayed new 50% tariffs on concerning $20 billion of Canadian goods to offer the two sides more time to negotiate. The latest standoff follows months of escalating trade tensions. While the Trump administration has sought their removal as part of any broader agreement, canada has imposed retaliatory tariffs on US goods in response to Washington's measures.

While Washington has pressed Ottawa to remove trade barriers affecting US goods, including restrictions on American alcohol and access to Canada's dairy market, the discussions have focused on reducing US tariffs on key Canadian exports, including automobiles, steel and aluminium. Add Now!

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In short, uS-Canada trade deal hits fresh roadblock as 50% tariff threat looms is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.