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Canada, US make progress on trade deal, Carney says

Greer said talks are continuing as Washington keeps 50% tariffs on roughly US$20 billion in Canadian goods and Ottawa maintains counter-tariffs.

  • U.S. Trade Representative Jamieson Greer confirmed on Thursday that Canadian and American officials discussed a trade deal recently, though he declined to set a timeline for negotiations.
  • Republicans lost control of the House and Senate in the Nov. 3 midterm elections, shifting Washington's political landscape; 50 percent tariffs on roughly $20 billion in Canadian goods remain in force under Section 338 of the Tariff Act of 1930.
  • Overriding a presidential veto requires 67 senators and 290 House members, making legislative relief a steep climb. Even if every Democrat backed repeal, the party would still need at least 11 Republican senators and about 34 more House votes.
  • Prime Minister Mark Carney has pledged to keep supply management off the table, and Bill C-202 bars the foreign affairs minister from agreeing to raise dairy, poultry, or egg import quotas. These constraints complicate Canada's negotiating position.
  • President Donald Trump has threatened to raise tariffs on Canadian vehicles, auto parts, and steel to 50 percent on Jan. 1, 2027, creating urgency for both sides to reach an agreement before year-end.
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CTV News broke the news in Toronto, Canada on Thursday, November 12, 2026.
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