As the Aug. 1 deadline for a trade deal between the U.S. and Canada draws near, U.S. President Donald Trump said Friday he may just impose tariffs rather than reach a deal.
Breakdown
- President Trump says the U.S. has not had much luck with Canada in trade talks. 9s
- The U.S. is considering a 35% tariff on Canadian goods not covered by the current agreement. 26s
- Canada has shifted from seeking a tariff-free deal to managing expectations about the outcome. 41s
- Canadian officials continue to meet with U.S. counterparts to negotiate an agreement. 55s
- Past trade negotiations between the two countries have taken significant time to resolve. 1m 11s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.