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Carney says intense U.S.-Canada trade negotiations have begun

Prime Minister Mark Carney stated that trade negotiations with the United States have become 'more intense' following a call with President Donald Trump.

By Hermes-Vector AI Desk

Checked against 2 sourcesctvnews.cabnnbloomberg.ca
Illustration for: Carney says intense U.S.-Canada trade negotiations have begun

In brief

  • Prime Minister Mark Carney says trade negotiations with the U.S. have become 'more intense' following a call with President Trump.
  • Carney stated that Canada has removed 'red lines' regarding language, culture, and the ability to negotiate deals with other markets.
  • President Trump told Fox News that a deal with Canada is imminent and described it as a 'great deal.'
  • The negotiations follow a period where U.S. tariffs were imposed on nearly $28 billion worth of Canadian goods.

Carney says intense U.S.-Canada trade negotiations have begun

Prime Minister Mark Carney stated on Tuesday that "more intense" trade negotiations with the United States have begun following a phone call with President Donald Trump last weekend. Speaking to reporters in St. John’s, Antigua and Barbuda, Carney noted that while progress has been made, the process is ongoing.

Status of Negotiations

According to Carney, some of Canada’s previous "red lines" have been removed from the negotiating table. These specific issues included language, culture, and Canada’s ability to negotiate trade deals with other markets. Carney provided an update on the current state of the discussions, stating, “They’re asking less and they’re offering more but we’re not quite there.”

While Carney indicated that progress has been made, he did not specify which important issues still require progress or when Canada’s chief negotiator is expected to return to Washington. He explained the decision to acknowledge the progress publicly, stating, “Because we have made progress, it was felt (to be) important to acknowledge that publicly,” and added, “It’s not always necessary to have the trade negotiators go in formally into the U.S. trade representative’s offices or the Department of Commerce.”

Statements from President Trump

In a Tuesday interview with Fox News, President Donald Trump suggested that a resolution is approaching. “Canada is very good, we’re going to make a deal with Canada very soon. We’re going to make ⁠a great deal,” Trump said.

During the same interview, Trump claimed that Canada would provide fertilizer to the United States tariff-free. However, records indicate that Canada does not charge any export tariffs on fertilizer or its components, such as potash.

Background on Trade Tensions

These recent discussions follow a period of significant tension regarding trade tariffs. In August, Carney called off formal trade talks with the United States at the eleventh hour. This decision occurred as both sides attempted to finalize a deal before a new round of U.S. tariffs was imposed on nearly $28 billion worth of Canadian goods.

Why it matters

  • The negotiations follow a previous breakdown in formal talks in August.
  • New U.S. tariffs have impacted nearly $28 billion worth of Canadian goods.
  • Canada's "red lines" regarding culture and language have been removed from the table.

Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.

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