New Delhi, Aug. 21 -- The United States and Canada will resume trade negotiations on Friday as the two countries raced to reach an agreement before new US tariffs threatened by President Donald Trump take effect.

Top Canadian and US trade negotiators are expected to meet for the third consecutive day in Washington, with Ottawa saying the discussions could continue until a deal is finalised.

Trump has threatened to impose an additional 50% tariff on about $20 billion worth of Canadian goods from 12.01 am EDT (0401 GMT) on Saturday if the two sides fail to reach an agreement, Reuters reported.

The US president had earlier threatened to impose the new duties by Wednesday but delayed them, citing progress in negotiations, according to AFP ...