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[BUSINESS] · United States, Canada · 17 sources

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United States and Canada trade negotiations gain momentum

U.S. President Donald Trump stated during a campaign rally in Port Huron, Michigan, that a trade agreement with Canada will be reached “pretty soon.” Trump defended his administration's imposition of tariffs on Canadian goods, alleging that Canada has been “ripping off” the United States for years.

White House economic adviser Kevin Hassett noted that trade discussions are “gathering steam” and that Commerce Secretary Howard Lutnick has been in contact with Canadian counterparts throughout the week. While the White House expresses optimism, Canadian Prime Minister Mark Carney has maintained a more cautious stance, stating that Canada is ready to negotiate in good faith but will only agree to terms that serve Canada's sovereign and economic interests.

The trade dispute escalated in August following the breakdown of formal negotiations, leading to a cycle of retaliatory tariffs. This included a $20 billion surcharge on Canadian products such as cement, wine, and hockey sticks, which prompted Canada to impose equivalent duties on American imports. Recently, the White House adjusted the list of products subject to 50% tariffs, removing items like plywood and certain machinery following requests from Senator Susan Collins of Maine.

Negotiations remain complex, with some sources suggesting progress on auto tariffs, though officials warn that a final agreement is not yet certain. The dispute continues to impact North American supply chains and remains a significant issue heading into the U.S. midterm elections.

Entities

Dominic LeBlanc · Donald Trump · Howard Lutnick · Kevin Hassett · Mark Carney · United States

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Détail d'article [www.dhnet.be]