Canada’s Trade Standoff with the U.S. | Calgary News

Canada’s $20 billion in U.S. exports are under threat from 50% tariffs set to hit August 19th — a bold move using a rarely used 1930s law aimed at forcing Canada back to the table on steel, aluminum, and lumber. While Canadian officials scramble in Washington for a last-minute deal, experts doubt a balanced outcome, warning tariffs may still go into effect — or return in modified form. The U.S. appears more focused on political wins than real concessions, potentially demanding trade-offs on alcohol, autos, or dairy. Market reactions could force quick reversals, but the real test is whether symbolic gestures from Canada will satisfy Washington — or if major policy shifts are demanded before the tariffs even kick in. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2e479f3b10ecc710