1840 ET - US-Canada trade tensions are likely to escalate after Canada's decision to increase the share of revenue big US online streamers have to contribute to the production of Canadian programming. Mark Warner, a Toronto trade lawyer who practices in both the US and Canada, says Canadian regulators are pushing for higher contributions from US streamers even though Ottawa's cultural rules have angered USTR and face bipartisan criticism in Congress. Canada argues USMCA provides cultural exemptions. Warner, however, says USMCA also allows the US to retaliate on matters related to cultural industries. "Neither side has left itself much room to back down and so its hard to see how this ends amicably," Warner says. (paul.vieira@wsj.com; @paulvieira)
(END) Dow Jones Newswires
May 21, 2026 18:40 ET (22:40 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.