US and Canada say they are close to final trade deal
The United States and Canada said they were close to finalising a trade deal after US President Donald Trump delayed new 50 per cent tariffs on Canadian goods.
The United States and Canada are reportedly nearing completion of a major trade deal after President Donald Trump halted the implementation of new 50 percent tariffs on Canadian goods. The White House stated that the agreement is "subject to finalization of documents," while Canadian Prime Minister Mark Carney expressed cautious optimism on social media.
Negotiations have focused on securing favorable terms for Canadian industries, particularly agriculture and automotive sectors. Trump announced the tariff delay on Tuesday, citing the need for both countries to finalize the deal. LeBlanc praised the progress made by US negotiator Jamie Greer and confirmed ongoing discussions with Greer in Washington. While both sides are optimistic, details of the final agreement remain undisclosed.
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