Canada's Truck Tariff Demand Derailed US-Canada Trade Negotiations

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Trade talks between the United States and Canada broke down after Canada pushed for tariff relief on trucks, according to a report. The two countries had been working toward a deal that would have reduced the standard auto tariff from 25% to 15%. Canada's specific demand for relief on truck tariffs proved to be a sticking point that the two sides could not resolve. The collapse of negotiations leaves the existing higher tariff structure in place for now.

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