The US and Canada could pull back from an all-out trade war. It's not clear that they will https://www.taxtmi.com/news?id=74473 US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries. en-us Wed, 26 Aug 2026 10:01:04 +0530 Wed, 26 Aug 2026 10:01:04 +0530 TaxTMI RSS Generator The US and Canada could pull back from an all-out trade war. It's not clear that they will https://www.taxtmi.com/news?id=74473 US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries. News - Wed, 26 Aug 2026 10:01:04 +0530 https://www.taxtmi.com/news?id=74473