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Lutnick Criticizes Canada's Trade Strategy

On Friday, Commerce Secretary Howard Lutnick attacked Canada's trade strategy during a discussion with Semafor World Economy in Washington, calling it "the worst strategy" and stating "They suck."
Lutnick's criticism responded to a Financial Post report quoting former chief trade negotiator Steve Verheul, who claimed time favors Canada as U.S. trade pressures increase.
Prime Minister Mark Carney "has a problem" with the United States, Lutnick claimed, criticizing his recent China outreach while arguing the U.S. is "the consumer of the world."
Speaking to the House of Commons international trade committee Thursday, Trade Minister Dominic LeBlanc countered that Canada stands ready to quickly sign a deal in its economic interest.
The July 1 deadline for U.S. notification of CUSMA plans looms as United States Trade Representative Jamieson Greer said earlier this month he does not expect negotiations to be resolved by then.

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