US and Canada Close to Trade Agreement After Tariff Standoff

The United States and Canada are close to reaching a trade agreement after months of escalating reciprocal tariffs.

• White House economic adviser Kevin Hassett said Washington and Ottawa are "very close" to concluding an agreement, with negotiations gaining momentum.
• Trump told a Michigan rally that a trade deal with Canada will be reached "quickly," saying Canadians "are ready to give us everything we want."
• Canada imposed tariffs on about 700 American goods worth 27.6 billion Canadian dollars across 874 tariff lines.
• Trump on Friday signed an order cancelling 50-percent tariffs on certain agricultural products after pressure from Republican Senator Susan Collins of Maine.