Canada and the U.S. are on the verge of a major trade breakthrough that could slash U.S. tariffs on Canadian goods by half, with Canadian officials calling it a “very good deal” to stabilize trade and safeguard jobs. Amid ongoing talks, Prime Minister Mark Carney urged provinces to reconsider bringing American alcohol back to shelves—a move seen as a direct nod to U.S. trade complaints. While dairy remains off-limits under Canada’s protected supply management system, the compromise signals progress without surrendering core agricultural policy. Beyond tariffs, this deal may unlock broader negotiations—including NAFTA renegotiations—offering both nations a critical path to de-escalate tensions and protect businesses and consumers across the border.
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