Canada's Tariff Countdown and Job Market Shifts

50% tariffs on $20 billion in Canadian exports are set to hit August 19, as the U.S. invokes the rarely used Section 338 of the Tariff Act of 1930. Negotiators are meeting daily in a last-ditch effort to avoid the duties, with Canadian officials reportedly unsatisfied with the latest U.S. offer. The clock is ticking, and the stakes for the Canadian economy are enormous.

"I don't see anything that indicates that the U.S. side is interested in doing a...