The Globe and Mail reports in its Thursday edition that President Donald Trump and his Trade Representative Jamieson Greer talked about in their first terse posts about in a new deal were oil, "economic security commitments" and "digital trade alignment." The Globe's Campbell Clark writes that what Canadians have been talking about has revolved around lowering the tariffs Mr. Trump has already imposed, notably on steel and cars. And there is worry about what Prime Minister Mark Carney's government might offer in return, including dropping its retaliatory tariffs on U.S. autos, getting provinces to end their bans of U.S. booze and changing the U.S. dairy quota. The difference between those two worlds seems pretty large. One is about making an agreement to manage the effects of Mr. Trump's aggressive tariff policy on key sectors. The headline rates of U.S. tariffs might be reduced, but there was missing information on what is and is not covered by those rates. Canada gave ground on the three key U.S. demands. Mr. Carney asked premiers to put U.S. booze back on shelves. Mr. Trump said all Canadian tariffs would be dropped. The President also said U.S. farmers will be happy, which suggests that dairy may be up for grabs.
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