Foreign Affairs Minister François-Philippe Champagne said he’s hoping to avoid implementing the tariffs, but that they’ll come into effect on Wednesday if no deal is reached. U.S. tariffs on Canadian aluminum came into effect last month. (Reuters, The Canadian Press)

Talking point: Canada is following the same playbook it used the last time the U.S. imposed tariffs back in 2018. By issuing dollar-for-dollar tariffs on a wide array of goods, Canada attempts to impose maximum political pressure in the U.S., while limiting the domestic impact. The specific list of items is coming later this week, but possible targets include golf clubs and washing machines. Canada has plenty of support in its bid to get the U.S. to drop tariffs. Multiple governors want the fight to be over, as does the U.S. Chamber of Commerce. That may not matter much, though, at least in the short term, as President Donald Trump is using the aluminum tariffs in his pitch for re-election in November.