Canada Offers Auto and Dairy Concessions to Avert 50% U.S. Tariffs Due August 19

Canada is discussing removing counter-tariffs on U.S. autos and agreeing on dairy tariff-rate quota allocation to secure relief from 50% U.S. tariffs on nearly $20 billion of Canadian imports, effective August 19, 2026. Prime Minister Carney pledged July 23 to do "whatever it takes." The concessions target politically sensitive sectors, raising domestic scrutiny as the deadline approaches.