Trade Talks at Breaking Point | Business and Finance News

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Recorded21 Aug 2026

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The U.S. and Canada are racing against the clock to finalize a trade deal before punishing tariffs hit—delayed by President Trump for three extra days, but still hanging in the balance as negotiators scramble. With $20 billion worth of Canadian goods at risk of 50% duties by Saturday, businesses are bracing for impact. While Canadian officials say they’re “very close,” U.S. demands include lowering barriers for American farmers and possibly easing auto tariffs—even reviving the Keystone XL pipeline. The whole mess hinges on an obscure 1930s law, and all eyes are on whether a deal will be signed before midnight Saturday—or if the economic fallout begins. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9f8b4446e58364db

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