Canada Tries Trade Deal to Avoid Huge U.S. Taxes on Its Goods

Canada wants to avoid 50% U.S. taxes on $20 billion of its products, starting August 19, 2026. To do so, it may ease taxes on American cars and open its dairy market. Prime Minister Carney vowed July 23 to do "whatever it takes." Both moves upset Canadians at home as the deadline looms.