From:Internet Info Agency 2026-08-22 05:45:01
U.S. Commerce Secretary Howard Lutnick has expressed dissatisfaction with the current draft of the U.S.-Canada trade agreement and is pushing for revisions. According to sources, Lutnick strongly opposes reducing tariffs on Canadian automobiles from 25% to 15%, arguing that such a move would undermine U.S. efforts to incentivize domestic production. Internal divisions exist within the U.S. administration: while U.S. Trade Representative Jamieson Greer claims an agreement has been reached that “protects American workers,” Lutnick—a key architect of Trump’s economic policy—maintains a hardline stance. Both sides are racing to finalize a deal before new tariffs take effect early Saturday morning. The draft agreement may include provisions to lower steel and aluminum tariffs on Canada, adjust dairy quotas, and lift provincial bans in Canada on U.S. alcoholic beverages. Canadian Minister of International Trade Mary Ng stated that the two sides are “very close” to reaching an agreement.

Alibaba Launches AI Music Model "Happy Shrimp" 1.0, Generating Full Songs from Natural Language
XPeng G9L Hits Over 80 km/h in Moose Test, Priced at ¥259,800
Geely's First Hybrid D-SUV, Monjaro EM-i, to Launch Globally in Late August, Debuts in Egypt
Denza N8 Unveils All-New Smart Cockpit with 1.1-Meter Horizon Display and 30-Inch Mega Screen