US-Canada trade talks fell apart just before a midnight deadline, with 50% tariffs hitting billions of dollars of Canadian goods and Prime Minister Mark Carney vowing to retaliate in a dispute that looks poised to intensify.

The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25% and cut duties on Canadian auto exports to 15%, according to people familiar with the matter.

US President Donald Trump and Canadian Prime Minister Mark Carney expressed optimism about finalizing a tariff agreement as negotiators from both countries met in Washington for further talks.

The Trump administration delayed 50% tariffs on billions of dollars of Canadian products for three days, saying the two sides had reached a tentative agreement to resolve a broader trade dispute that had plunged relations to a fresh low.

President Donald Trump’s administration is downplaying expectations for a last-minute deal with Canada to avert fresh tariffs that are set to take effect Wednesday, people familiar with the matter said.

Canada is racing to strike a deal with the Trump administration on Tuesday before a midnight deadline to avoid a 50% tariff on billions of dollars worth of exports to the US.

President Donald Trump and Canadian Prime Minister Mark Carney spoke by phone about trade negotiations on Monday, a little more than 24 hours before the US is due to implement punishing new tariffs on Canadian products.

The Trump administration is imposing tariffs of as much as 100% on imported drones and their components, escalating efforts to reduce US reliance on foreign suppliers and potentially accelerating a decoupling of drone supply chains with China.

Most American importers play by the rules and pay tariffs, but others find ways around full compliance

Trump administration officials are considering a months-long delay in collecting planned tariffs on solar panels and other items containing polysilicon — a phase-in period that could encourage a rush of imports by renewable-energy companies working on US projects.

He’s weighing 50% tariffs on some Canadian imports and punishment for wildfires

The US has asked Mexico to mirror Washington’s tariff wall against Chinese steel and aluminum by imposing Section 232-style duties on imports from outside North America, according to four people with direct knowledge of the matter.

The US will collect duties of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was struck down by the Supreme Court.

President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, according to people familiar with the matter, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse.

The Trump administration vowed to impose a fresh 50% tariff on some Canadian goods over what it said was unfair treatment of American alcohol, cars and dairy, further inflaming trade tensions between the two neighbors.

The Trump administration vowed to impose a fresh 50% tariff on some Canadian goods over what it said was unfair treatment of American alcohol, cars and dairy, further inflaming trade tensions between the two neighbors.

Mexico’s growing fleet of Chinese-made heavy trucks is becoming a new obstacle in its quest for relief from US tariffs, as Washington presses for assurances that its southern neighbor isn’t becoming a backdoor for Chinese manufacturers to enter North America.

Mexico’s growing fleet of Chinese-made heavy trucks is becoming a new obstacle in its quest for relief from US tariffs, as Washington presses for assurances that its southern neighbor isn’t becoming a backdoor for Chinese manufacturers to enter North America.

The US decision to impose 25% tariffs on Brazil has reignited a trade dispute with President Luiz Inacio Lula da Silva’s government just months before October’s presidential election, potentially shaping the outcome of a deeply polarized race.

Some Democrats worry the legislation as written “is a prescription for bedlam”