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Proposed Canada-US trade deal could still be weeks away

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Although over 90% of Canadian exports enter the US duty-free, tariffs target key sectors like steel, aluminum, and autos.

OTTAWA: A proposed US-Canada trade deal could still be weeks away, Ottawa’s chief negotiator said on Friday, a day after US President Donald Trump imposed higher tariffs on imports from Canada.

Trump – who had set an Aug 1 deadline for an agreement – signed an executive order increasing tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada trade agreement.

Prime minister Mark Carney insisted on the talks to reset bilateral relations, saying Trump’s tariffs have upended decades-old trading and security ties. The negotiations, though, have so far produced little.

Tags:Canada aluminum tariffsCanada auto tariffsCanada counter tariffsCanada steel tariffsDominic LeBlancMark CarneyTrump tariffsUS tariffsUS-Canada trade dealUS-Canada trade negotiations


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