The Canadian prime minister said it may not be possible to escape U.S. tariffs even with a bilateral agreement to resolve the current tariff row.

President Donald Trump unveiled the new duty rates, set to begin Aug. 1, in separate letters shared on social media Saturday morning.

Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and aluminum as well as 25% tariffs on non-USMCA compliant autos and auto parts.

An Indian trade delegation has also reached Washington for fresh talks on a trade deal with the United States.

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A NITI Aayog report indicates that higher US tariffs on countries like China and Mexico could give Indian exporters a competitive advantage in sectors such as pharmaceuticals and textiles. India is poised to gain in a significant number of trade categories,

Canadian Prime Minister Mark Carney said Tuesday it may not be possible to escape U.S. tariffs even with a bilateral agreement to resolve the current tariff row. “There is not a lot of evidence right now,

After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.