U.S. President Donald Trump has threatened to double tariffs on Canadian imports, including steel and auto products, to 50% on January 1 if no bilateral agreement is finalized.

From the articleEXCLUSIVE: US, Canada working on deal to ease steel, auto tariffs, sources say | ReutersAlso in Trump’s Canada tariffs meet election pressure as Republicans face midterm risks, ‘The same issue’: Why the US and Canada are still a ways from a trade deal, Honda warns 50% Canada auto tariffs would be catastrophic for industry