EPISODE · Jun 15, 2026 · 1 MIN
Tariffs Hurt More Than Trade Deal
from Ottawa News Today | 2 Min News | The Daily News Now!
Canada’s top diplomat in the U.S. says sectoral tariffs on steel, aluminum, and cars are the real headache—not the CUSMA trade deal. These tariffs, imposed under separate U.S. law, are hurting Canadian businesses and workers and exist outside CUSMA’s scope. The Canadian team is laser-focused on eliminating these tariffs quickly, giving them breathing room on the upcoming CUSMA review. While the July 1 review is looming, the deal remains valid until 2036, making it a process, not a deadline. But these specific tariffs? They’re still active and causing real damage—unless fixed. Recent U.S. tweaks lowered steel/aluminum rates on farm equipment and HVAC systems from 25% to 15%, and heavy machinery also got a 15% tariff—with a 10% rate available if equipment uses high percentages of U.S.-made materials. Support the show:Get a discount at https://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/baa97e85e0be6224
NOW PLAYING
Tariffs Hurt More Than Trade Deal
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Mar 19, 2026 ·34m
Feb 18, 2026 ·11m
Feb 11, 2026 ·45m