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Lutnick Expresses Concerns Over Potential Deal with Canadian Government

  • US Commerce Secretary Howard Lutnick discussed the complexity of trade negotiations with Canada during a May 2025 Fox Business interview.
  • Lutnick indicated that the difficulty stems from unresolved issues despite the USMCA agreement and expressed skepticism about a successful Trump-Carney meeting.
  • He refrained from confirming details of new trade deals beyond the USMCA and avoided specifying which countries might be involved in future negotiations.
  • Lutnick described trade with Canada as "very complex" and stated that while a deal is possible, no near-term announcement should be expected.
  • These remarks imply the US government is preparing stakeholders for the absence of an immediate Canada trade agreement while continuing to pursue other trade negotiations.
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  • 40% of the sources lean Left, 40% of the sources are Center
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FXStreet broke the news in on Monday, May 5, 2025.
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