Carney says a U.S. trade deal without some tariffs is unlikely
CANADA, JUL 15 – President Trump raised the proposed tariff on Canadian goods to 35 percent and set an August 1 deadline amid stalled trade talks and concerns over border drug smuggling.
- Prime Minister Mark Carney said on July 15 in Ottawa that trade talks with the U.S. will intensify before the August 1 tariff deadline.
- This followed President Donald Trump's July 10 letter threatening a 35% tariff on Canadian goods starting August 1 amid an ongoing four-month trade dispute.
- Carney acknowledged little evidence exists that the Trump administration will agree to remove all tariffs, adding Canada may need to accept some duties.
- A survey found 84% of Canadians doubt Trump will negotiate in good faith, while Carney emphasized the need to focus on building a strong economy including steel, auto, and copper sectors.
- The developments imply sustained trade tensions with potential tariffs impacting key Canadian industries despite ongoing negotiations to avoid escalation.
36 Articles
36 Articles
Carney casts doubt on Canada securing a tariff-free deal with Trump
Most countries will likely have to accept some baseline tariff rate on their goods by the United States, Prime Minister Mark Carney signalled Tuesday morning, on his way into a meeting with his cabinet on Parliament Hill.
Premier Mark Carney Doubts Feasibility of Complete US Tariff Lift - Real News Now
During a briefing with journalists on his way to work before a remote cabinet consultation, Premier Mark Carney projected that trade discussions ‘will escalate’ prior to the deadline on August 1st. Prime Minister Mark Carney expressed skepticism about the feasibility of securing a deal with President Donald Trump that would eradicate all U.S. tariffs on Canadian products. It is the initial instance where the Premier acknowledged the likely conti…
Carney Says Some Tariffs on Canada May Remain in Deal With US
Prime Minister Mark Carney suggested that a trade deal with the United States may ultimately still include tariffs on Canada, as the two countries attempt to work out a deal before the August 1 deadline. Speaking to reporters ahead of a cabinet meeting in Ottawa on July 15, Carney told reporters that there is “not a lot of evidence right now” that any countries can achieve an agreement with the United States that does not involve tariffs. Carne…
Coverage Details
Bias Distribution
- 57% of the sources lean Left
To view factuality data please Upgrade to Premium