Carney says Canada, U.S. working in coming weeks towards trade deal
Talks broke down between Canada and the U.S. in August after the prime minister said the U.S. made last minute requests around trade deals and French language requirements.
Prime Minister Mark Carney has revealed that the U.S. and Canada are in discussions for a "mutually beneficial" trade deal in the coming weeks, following a conversation with President Donald Trump. Carney confirmed the phone call between the two leaders in a social media post, stating that the agreement would create jobs, reduce costs for families, and respect Canada's language, culture, and sovereignty.
He added that his teams would work on delivering the outcome in the coming weeks. Carney noted that while an agreement might not be reached before the U.S. midterms on Tuesday, the federal government is not at that position right now. The comments come after Canada ended its talks with the U.S. in August, leading to the imposition of 50% tariffs on Canadian goods by the U.S., which Canada retaliated with dollar-for-dollar duties.
The breakdown in talks reportedly made Canada walk away from discussions over language limiting Canada's ability to enter trade deals with other countries, weakening French language requirements, and hurting the country's auto industry.
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