Trump, Carney reportedly in talks ahead of new 50% tariffs on Canadian goods

US President Donald Trump greets Canada's Prime Minister Mark Carney during a summit on Gaza in Sharm el-Sheikh on October 13, 2025. Trump landed in Egypt on October 13 for a summit on Gaza, following a lightning visit to Israel after a ceasefire he brokered entered into force. Evan Vucci | Afp | Getty ImagesPresident Donald Trump is in renewed trade talks with Canadian Prime Minister Mark Carney, with just hours to go before the U.S. imposes 50% tariffs on hockey sticks, wine and an array of other Canadian imports, according to various news reports Tuesday.Trump and Carney spoke late Monday and are set to speak again Tuesday, Bloomberg reported. The talks between the leaders on Monday night did not convince Trump to hold off on the forthcoming retaliatory tariffs, Fox Business reported. The White House did not immediately respond to CNBC's request for comment.The new tariffs are set to take effect Wednesday, unless a deal is struck to postpone or cancel them. Business leaders warn that the threat alone has generated significant uncertainty and already affected sales.If no deal emerges, they'll become the latest import duties that Trump, a megafan of using tariffs to protect domest...