A last-minute trade deal hangs in the balance as U.S. and Canadian officials race to avoid 50% tariffs on key Canadian goods—especially autos—before midnight. The U.S. demands Canada drop retaliatory measures like liquor bans, while Canada pushes for lower auto duties. With $1 trillion in trade at stake, this “early harvest” could set the stage for broader talks—or trigger economic fallout ahead of midterms, especially in swing states. Trump’s leverage over hockey gear and bacon looms large, but Canada’s Prime Minister faces pressure to deliver. Auto tariffs are the main roadblock, and with both sides dug in, time is running out.
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