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Subhadip Ghosh, Associate Professor, School of Business, MacEwan University

Canada walked away from a U.S. trade deal. What happens now?

Canada and the United States appeared close to a trade agreement last week. On Aug. 18, U.S. President Donald Trump delayed his new tariffs on Canada by three days and briefly declared on Truth Social that the two countries “have a deal.”

By Aug. 22, however, Prime Minister Mark Carney had recalled Canada’s negotiators, saying the U.S. had “asked too much and offered too little.”

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