Urgent.News

What's breaking now, across thousands of outlets.

Business

Quick quotes: Here’s what people are saying about the Canada-U.S. trade negotiations

Canada and the United States have avoided a trade war escalation by agreeing to continue negotiating a deal that would prevent new American tariffs from taking effect on Wednesday. U.S. President Donald Trump extended the deadline for three days, citing a "deal" with Canada to address trade concerns.

The chief trade negotiator and U.S. Trade Representative Jamie Jamieson Greer met in Washington, D.C. to work collaboratively on finalizing the agreement. Prime Minister Mark Carney stated that both sides were "moving towards an agreement," though details remain sparse.

Canadian officials expressed cautious optimism about the potential agreement, emphasizing the importance of securing the best terms for Canada's strategic sectors and providing greater certainty about the future trading relationship. Farmers welcomed the relief from heavy tariffs, which would be eliminated entirely.

However, some critics argue that the prime minister made significant concessions, such as reducing Canadian taxpayers' funding for a bridge to 50% and allowing U.S. demands on the Buy America Act. Some urge the government to avoid further concessions to protect Canadian economic independence, particularly in light of President Trump's unpredictable and chaotic trade policies.

Experts agree that while progress has been made, there is still much work to be done. They appreciate the efforts of Canadian partners and look forward to finalizing the specifics of the deal, which could bring economic prosperity to both nations.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at winnipegfreepress.com →

More in Business

Oil supertankers in Gulf are renting for $500,000 per day: Report

Oil supertankers in Gulf are renting for $500,000 per day: Report Submitted by MEE staff on Wed, 08/19/2026 - 21:10 A fund that allows investors to bet on crude oil freight rates has surged more than…

  • Oil supertankers rent for $500,000 daily in Gulf.
  • Conflict in region drives high demand for vessels.
  • Breakwave Tanker Shipping ETF surges 2,000% since year start.

Maybank expands to wealth advisory

Maybank Securities (Thailand) is expanding its wealth management business, targeting Thai investors seeking professionally managed portfolios and long-term wealth creation through investments in Thai…

More from Wednesday 19 August →