US and Canada near tariff deal, Trump says
Hassett said on Sunday that US-Canada trade talks are 'very close' to a deal. At a rally at the Michigan border, Trump said a deal with Canada on tariffs is coming 'soon', Reuters reports.
Trump has lifted tariffs on some Canadian farm and forestry goods while his administration accuses Ottawa of meddling in the midterms. Trump and adviser Hassett now say a broader tariff deal is close, though no agreement has been announced.
The United States under President Trump has imposed tariffs on Canadian goods, and Canada under Prime Minister Mark Carney has pushed back in a trade dispute between the two neighbours. The measures hit sectors such as agriculture and forestry, and the dispute has become entangled with US domestic politics.
Hassett said on Sunday that US-Canada trade talks are 'very close' to a deal. At a rally at the Michigan border, Trump said a deal with Canada on tariffs is coming 'soon', Reuters reports.
Audi plans its first US factory in Georgia, an investment of about $4.2 billion that was touted at a Trump campaign rally on Saturday. Audi CEO Gernot Döllner announced the plant at the event, according to FAZ, and Politika reports production is planned to start in the 2030s.
Trump said Audi will build a factory in Georgia, according to the New York Times; the Volkswagen division imports all its cars from Europe or Mexico and has been hit hard by US tariffs. Handelsblatt reports that Trump lifted tariffs on certain Canadian goods, while his administration accuses Canadian officials of trying to sway the midterm elections for Democrats, claims Prime Minister Mark Carney says have "no merit".
Trump is lifting 50% tariffs on select Canadian agricultural and forestry products, a move announced by Maine Republican Senator Susan Collins, who faces a tough re-election fight, according to the New York Times. Prime Minister Carney said he was disappointed by the US ambassador's accusation that Canada interfered in US elections.