US EditionCanada’s Economy Is in Serious Trouble. Now Mark Carney Is Coming to Washington to Talk Tariffs
Carney seeks tariff exemptions from Trump to ease pressure on Canadian exports amid rising unemployment of 7.1%, ahead of the US-Mexico-Canada Agreement review.
- Mark Carney travels to Washington to press President Donald Trump on steep tariffs on cars, steel, and aluminum during their Oct. 7 Oval Office meeting.
- With unemployment at 7.1%, the highest in nine years and up half a percentage point this year, a poll of 1,500 adults last week found Canadians increasingly worried about cost of living.
- Trump imposed a 50% tariff on Canadian steel and aluminum, while daily cross-border trade totals about $2.5 billion, highlighting the economic stakes.
- Carney's second White House visit aims to influence the pending review, coming ahead of a mandatory US-Mexico-Canada Agreement review next year as analysts say Trump may use renewal as leverage.
- Strained ties complicate negotiations over strategically important trade as Frank McKenna said, `We’ve had ups and downs, but this is the lowest point in relations that I can recall,` while Canada supplies 34 critical minerals and is the top export destination for 36 U.S. states.
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16 Articles
The NOTL Local
Here's a list of the U.S. tariffs still hammering Canadian industries
WASHINGTON — Prime Minister Mark Carney met with U.S. President Donald Trump in Washington this week to advance negotiations on lifting or easing a growing list of tariffs. Trump's ever-shifting tariff agenda is hammering Canadian industries.
Trump Calls US-Canada Relationship 'Complicated' But Hints At Trade Breakthrough After Meeting Mark Carney: 'There's A Natural Conflict'
President Donald Trump suggested that progress could be made on trade talks with Canada, after meeting with Prime Minister Mark Carney, but stopped short of offering any concrete assurances as tariffs continue to weigh on the neighboring economy.
Canada’s economy is in serious trouble. Now Mark Carney is coming to Washington to talk tariffs
Gone are the days when Canada’s Prime Minister Mark Carney could go into a meeting with President Donald Trump with a goal of, at a minimum, doing no harm. Instead, when the two sit down in Washington on Tuesday, Canadians will be looking for something more: concrete signs that Carney can turn around the nation’s faltering economy.
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