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Canada Walks Away From Talks on Section 232 Tariffs

By Drooid · · How we work

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Midterm Election Risk
  • U.S. President Donald Trump and Canadian Prime Minister Mark Carney began negotiations in October 2026 to ease Section 232 steel and auto tariffs.
  • 50% steel and 25% auto Section 232 duties are a political liability for Trump’s administration before November 3 midterms.
  • The tariffs threaten auto and steel jobs, prompting Canada to seek new export markets.
  • Canada walked away, saying offer crossed lines as Carney said U.S. moving toward Canada.
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