Trump says US nearing trade deal with Canada after tariff escalation
President claims agreement close following months of bilateral tariffs imposed on each other.
What to know
- Trump claims a US-Canada trade deal is imminent and will benefit American farmers, following discussions with PM Carney over the weekend.
- The two countries have exchanged billions in tariffs in recent months, an issue affecting northern US border states ahead of midterm elections.
- Canadian negotiating teams are working toward finalizing an agreement in the coming weeks.
Donald Trump US President
Mark Carney Canadian Prime Minister
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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Trump tells Fox News US close to making great deal with Canada
In a Fox News interview, Trump reiterated that a deal with Canada is imminent and would be great for American farmers. This statement comes amid a backdrop of billions of dollars in tariffs imposed between the two countries in recent months, with the tariff issue affecting northern US border states like Michigan and Maine ahead of midterm elections.
“Canada is very good, we're going to make a deal with Canada very soon. We're going to make a great deal.”
— Donald Trump -
first by iPolitics, 5d ago · also Investing.com News, Reuters, Yahoo! Finance Canada, SCMP
2 more headlines
- Trump says US is close to making a trade deal with Canada Investing.com News · 5d ago
- Trump says US close to trade deal with Canada, Carney says work remains SCMP · 4d ago
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- 1 day quiet
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Trump claims Canada and US 'very close' to trade deal
Trump publicly stated that the United States and Canada are very close to reaching a trade agreement.
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1 outlet first by CHCH, 6d ago · read ↗
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background
Trump and Carney discuss trade deal — President Trump and Canadian Prime Minister Mark Carney spoke about a potential trade deal. Carney said on X that their teams would work in coming weeks to deliver an outcome.