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US, Canada working on deal to ease steel, auto tariffs: Report

Negotiators are discussing a possible deal, but key terms on auto tariffs and other levies remain unresolved, sources said.

  • Trade talks between the U.S. and Canada are moving quickly at a political level, with Trade Minister Dominic LeBlanc leading the Canadian side toward a mutually beneficial deal.
  • Canada walked away from negotiations in late summer after the American government proposed a "bad deal" that "asked too much and offered too little," according to Prime Minister Mark Carney.
  • Last week, President Donald Trump exempted specific Canadian goods from 50 per cent tariffs to help Maine Republican Senator Susan Collins's re-election, while imposing new levies on other imports.
  • "Pens are down, and the doors are open," said Canada's lead negotiator Janice Charette on Thursday, though detailed negotiations have not yet resumed at the formal table.
  • Despite Trump's claims that a deal will be settled "pretty soon," sources warn that "key elements remain unresolved" and Canada will judge any offer as a whole before committing.
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Bias Distribution

  • 38% of the sources lean Left, 37% of the sources are Center
38% Left

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CBC News broke the news in Ottawa, Canada on Monday, October 26, 2026.
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