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Showing posts from August 26, 2026

Details Emerge On Canada Trade Negotiation Breakdown

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Let's recall that a week ago , President Donald Trump late Tuesday stateside paused imposing 50% tariffs on certain Canadian imports, shortly before the duties were set to kick in at midnight. In a post on Truth Social, Trump said that this was “based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” This announcement comes after Trump and Canadian Prime Minister Mark Carney held trade talks on Tuesday. In his post, Trump also suggested that the Keystone XL pipeline could be “awoken from the grave!” The pipeline refers to an extension of a pipeline system in Canada and the United States. as of yesterday , The [Canadian] government announced counter-tariffs on American goods worth about $27.6 billion on Tuesday, in retaliation for U.S. tariffs on Canada that came into effect on the weekend after trade talks broke down. The Canadian measures, which are set to come into effect on Sept. 8, will affect a range of products incl...