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fxAug 18, 2026, 11:40 PM

Trump and Carney hold last-minute talks before 50% tariffs on Canadian goods

US President Donald Trump and Canadian Prime Minister Mark Carney are negotiating hours before Washington imposes 50% tariffs on Canadian imports including hockey sticks and wine, CNBC reports.

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US President Donald Trump and Canadian Prime Minister Mark Carney are holding last-minute negotiations ahead of new 50% US tariffs on Canadian goods, according to CNBC.

The measures are set to hit hockey sticks, wine and a range of other Canadian imports, with only hours remaining before they take effect.

The report did not specify whether a deal or delay would be reached before the deadline.

Source: FXStreet Forex News