Canadian negotiators are looking at accepting a lower level of tariffs on the sectors subject to the Section 232 levies in exchange for concessions, reports Globe and Mail citing sources
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Concessions include: Provinces lifting their US alcohol bans and Ottawa dropping its counter tariffs on autos. The level of tariffs that would apply to autos and lumber remain sticking points, according to sources with knowledge of the talks. The US is holding firm to its position on autos, leaving one of the toughest issues to crack for the final dash to a deal. Sources were divided about possibility of the two countries reaching a deal by tonight. Some were cautiously optimistic, some believe they are still far apart. Some on Canadian side believed a delay to Section 338 tariffs and more talks.
AI 시장 분석
Reports indicate that the Canadian negotiating team is considering concessions, such as lifting the import ban on US alcoholic beverages, in exchange for lowering Section 232 tariff rates. However, gaps in positions remain between the two countries on key issues such as autos and lumber tariffs. Investors should exercise caution as the outcome of these negotiations could either resolve or prolong uncertainty in North American trade and related industries.
상승 영향
- Automotive — Canada's consideration of withdrawing retaliatory tariffs could ease cost burdens in North American auto trade and resolve supply chain uncertainty.
- Consumer Goods — Mutual concessions such as lifting Canada's ban on US alcohol will improve the export environment for related consumer goods companies.
하락 영향
- Automotive — The US maintains a stubborn stance on automotive tariffs, and if the final agreement falls through, cost pressures will persist.
DYAX 전담 분석
As Canada considers withdrawing retaliatory auto tariffs and easing regulations on US alcoholic beverages, a trend toward easing trade tensions is forming. However, the final outcome remains uncertain as the US maintains a hardline stance on automotive tariffs, and the possibility of stalled negotiations cannot be ruled out.
If an agreement is reached, cost pressures on the automotive and consumer goods industries of both countries will ease, acting as a bullish factor. Conversely, if negotiations break down, continued tariffs are expected to cause damage. Future monitoring should focus on whether an agreement on automotive tariff rates is reached and the schedule for further negotiations.
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