Canada, US make progress on trade deal, Carney says
Officials say the sides have resumed talks after August tariffs and counter-tariffs hit about $20 billion in Canadian goods.
- Canadian Prime Minister Mark Carney announced today that Canada and the United States have made progress in bilateral trade negotiations following a substantive meeting with President Donald Trump at the ASEAN summit in Manila.
- Carney noted that Washington has dropped several of its earlier negotiating demands, though no final agreement has been reached yet as both sides work to resolve friction stemming from their summer trade war.
- U.S. Trade Representative Jamieson Greer confirmed that officials from both nations have been actively communicating to build a mutually beneficial arrangement focused on protecting supply chains, rather than rushing to meet an arbitrary deadline.
- The ongoing negotiations place Ottawa in a strategic dilemma following last week's U.S. midterm elections, weighing whether to accept a deal that reduces Trump's tariffs while leaving some levies in place, or hold out for broader free trade as incoming Democratic congressional majorities prepare to challenge the tariffs.
- Alongside the talks with Washington, Carney announced the conclusion of free-trade negotiations with the Philippines—expected to be signed next year—as part of a broader push to diversify Canadian trade across Southeast Asia and double non-U.S. exports by 2035.
34 Articles
34 Articles
Canada, US make progress on trade deal as Mark Carney pursues new Asian markets
Canadian Prime Minister Mark Carney announces progress in trade negotiations with the US, while Canada seeks to diversify its market ties with Asia, including significant agreements with ASEAN and the Philippines.
On Saturday, Canadian Prime Minister Mark Carney announced progress in the trade negotiations between his country and the United States, following talks he described as lengthy and substantive with United States President Donald Trump.
Canada and the United States are making progress in negotiating a bilateral trade agreement, but the agreement has not yet been reached, stated Canadian Prime Minister Mark Carney. "We are making progress. There is a possibility of an agreement, a bilateral agreement, but we have not yet reached that stage," said Carney RIA News. He reported that shortly before his visit to the ASEAN Summit in Manila, he had a lengthy conversation with US Presid…
Associated Press News
Canada’s Carney reports progress in trade talks with Trump as he expands ties with Asia
Canadian Prime Minister Mark Carney says Canada and the U.S. are making progress on a trade deal after talks collapsed in August.
Canada, US make progress on trade deal, Carney says
Canadian Prime Minister Mark Carney said on Saturday he had held lengthy, substantive talks with US President Donald Trump and the two countries were making progress towards a trade deal, though they had yet to reach an agreement.
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