President Trump and Canadian Prime Minister Mark Carney were burning up the phones Tuesday ahead of a midnight deadline for a trade deal but the White House is downplaying odds of it happening.
At stake: 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to wine and cheese.
Administration officials, as of Tuesday afternoon, said there was no resolution in sight to prevent the retaliatory tariffs from going into effect at 12:01 am.
Carney, speaking to reporters on Monday, described the talks as “very delicate and intense.” He indicated that he was ready to retaliate should a deal fail to materialize.
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