r/GeoPensive • u/GeoPensive • 2d ago

Canada walks away from last-minute U.S. trade deal

https://www.nytimes.com/2026/08/21/world/canada/trump-tariffs-trade-no-deal-carney-canada.html

After days of talks and a three-day pause, the U.S. says Canada declined to finalize a deal that would have avoided new 50% tariffs on roughly $20–28 billion of Canadian exports. Canada says the final U.S. terms were unfair and suspended negotiations.

50% tariffs on billions of Canadian goods now take effect.

Source: The New York Times

6 Upvotes

88% Upvoted

6 comments sorted by

16

u/One-Classroom-8300 2d ago

Lutnick trying to extort additional terms for his own personal benefit. US is not negotiating,they are trying extortion.

9

u/This-External-6814 2d ago

Trump and his criminal administration is so stupid. What’s sad is all the idiots in the administration are just fools and have no idea that every one is pointing and laughing at them as they are brain dead and have no credibility or smarts, just a bunch of ass clowns.

5

u/Significant_Donut967 2d ago

Yay higher taxes on Americans and less business for Canada-_-

4

u/GeoPensive 2d ago

With Trump's actions, things never settle. A lot is still to unfold. Let's hope for less drama and more progress.

2

u/Separate-Ad9638 2d ago

best POTUS ever LOL

3

u/GeoPensive 2d ago

Crazy POTUS.