The United States and Canada are nearing a trade agreement as negotiations gain significant momentum. Kevin Hassett stated that both nations are working on a deal to ease existing tariffs. The primary focus of these discussions involves the steel and automotive sectors to facilitate smoother trade relations.
The governments are discussing relief on steel and cars, as Washington seeks further Canadian concessions and the threat of raising tariffs to 50% from January 2027 remains in place.
Read the full storyThe changes take effect on October 30, with exemptions covering 9 categories used by Maine producers of berries, potatoes, apples and seaweed.