Trump and Carney Hold Urgent Talks as 50% US Tariffs on Canada Loom
With a midnight deadline hours away, Canadian Prime Minister Mark Carney and US President Donald Trump spoke by phone Monday in a last-ditch effort to avert new 50 percent tariffs on Canadian goods. The duties, signed last month, take effect Wednesday and cover wine, hockey sticks, and cement. The White House alleges Canada imposes 'discriminatory treatment' on US alcohol, cars, and dairy. Carney described negotiations as at an 'intense and delicate' stage. Oxford Economics estimates the tariffs would hit roughly 5.5 percent of Canada's exports to the US, worth about US$20 billion. The two leaders previously met at the G7 Summit in Kananaskis, Alberta, in June 2025.
Key facts
- Trump and Carney held urgent talks via phone on Monday afternoon.
- The 50% US tariffs are set to take effect on Wednesday at midnight.
- Products covered include wine, hockey sticks, and cement.
- Trump signed the tariff orders last month.
- The White House alleges discriminatory treatment by Canada against US alcohol, car, and dairy products.
- Carney described the talks as 'intense and delicate' on Monday.
- The tariffs target about 5.5% of Canada's exports to the US, worth about US$20 billion according to Oxford Economics.
- The two leaders met at the G7 Summit in Kananaskis, Alberta, Canada in June 2025.
Entities
Institutions
- White House
- Oxford Economics
- G7 Summit
Locations
- United States
- Canada
- Kananaskis
- Alberta
- Ottawa