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U.S. ambassador to Canada hopeful two sides can ‘put together a great’ deal

Hoekstra said the U.S. will keep negotiating as Ottawa and Washington seek a CUSMA deal and new oil supplies, despite few gains after 14 months.

  • U.S. Ambassador to Canada Pete Hoekstra said yesterday that 14 months of CUSMA negotiations have resolved few issues, though the United States remains committed to reaching an agreement.
  • On Wednesday, President Donald Trump announced the U.S. will not join Canada and Mexico in extending the existing trade deal, though the agreement remains effective for 10 years with annual reviews.
  • Hoekstra identified the United States' need for three to four million more barrels of oil per day, positioning Alberta as a "logical supplier" due to existing infrastructure between the countries.
  • Trump and Trade Representative Jamieson Greer plan to continue discussions through July and August as the leaders hope to "iron these things out" and resolve outstanding issues.
  • Currently, 85 per cent of trade between the countries remains tariff-free under CUSMA, which Hoekstra noted demonstrates the administration is "predictably" following existing rules for items not covered by the deal.
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The Last Refuge broke the news on Thursday, July 2, 2026.
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