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Carney says U.S. 'asking less and offering more' with 'more intense' trade talks underway
Carney said negotiators have scaled back demands on language, culture and trade deals, but he said more progress is still needed.
On Tuesday, Prime Minister Mark Carney announced that "more intense" trade negotiations with the United States have begun following his recent call with President Donald Trump.
Carney previously abandoned talks in August, citing a "bad deal" that "asked too much and offered too little" regarding nearly $28 billion in Canadian goods threatened by tariffs.
U.S. negotiators have dropped demands regarding Canadian "red lines," Carney stated, including French-protection laws, cultural policies, and Ottawa's sovereign latitude to pursue free trade agreements.
Carney described the shift in U.S. position, saying the United States is "asking less" and "offering more," though he cautioned that further progress remains necessary.
Trump faces pressure ahead of midterm elections to address affordability concerns, as reports indicate his tariff-heavy policies have negatively impacted his approval ratings.