Trump says a trade deal with Canada is nearing after talks with Carney
Kyiv • UNN
The U.S. and Canada plan to finalize a trade deal in the coming weeks. Carney said Ottawa would sign it only on favorable terms.
U.S. President Donald Trump said that Washington and Ottawa had moved closer to concluding a trade agreement following talks with Canadian Prime Minister Mark Carney. The parties plan to agree on the final terms in the coming weeks. Bloomberg reports, UNN writes.
Details
According to Trump, the United States and Canada already have the foundation for a future agreement that will benefit both countries.
We have the concept of a very beneficial agreement with Canada
Carney also confirmed progress in the talks. He noted that the parties had held constructive discussions on the key provisions of the agreement and would continue working toward a mutually beneficial outcome.
Talks resumed after the August breakdown
In August, trade negotiations between the United States and Canada reached an impasse. One of the reasons was a dispute over U.S. tariffs on medium- and heavy-duty vehicles.
Additional differences arose over Canada's language policy. Ottawa accused Washington of attempting to restrict measures supporting the French language, while the U.S. side denied that this had been a key obstacle.
Despite the current optimism, Carney emphasized that Canada would not rush to sign an agreement if its terms did not correspond to the national interest.
At the same time, because of Trump's tariff policy, the Canadian government intensified its search for alternative trading partners. In particular, last week Carney held talks with representatives of the European Union in Montreal.