Canada and United States negotiators are expected to meet again before the midnight tariff deadline

Negotiations between Canada and the United States are expected to meet again before the midnight tariff deadline, and the parties are making a final effort to reach an agreement. The latest developments have raised hopes for diplomatic activity, but still face uncertainty. White House journalist Edward Lawrence, Fox Business Channel, reported that White House officials claimed that Trump had discussed retaliatory tariffs with Carney, but that no solution had been reached to postpone tariffs, resulting in a Canadian dollar charge. The United States threatened to impose a 50 per cent tariff on some $20 billion of Canadian imports, and the measure is scheduled to come into effect at 12:01 a.m. on Wednesday to apply to commodities that had previously enjoyed preferential treatment. In the event of a last-minute breakthrough or delay, the Canadian dollar may rebound in the short term if the negotiations fail, and it is expected to continue to depreciate unless the US-Iraq agreement inadvertently affects the dollar。