Latest news with #Canada-U.S.-MexicoAgreement
Epoch Times
an hour ago
- Business
- Epoch Times
LeBlanc ‘Encouraged' After Meeting With Lutnick, Lawmakers Ahead of Tariff Deadline
Canada-U.S. Trade Minister Dominic LeBlanc says he's feeling 'encouraged' after meeting with Commerce Secretary Howard Lutnick and American lawmakers in Washington, D.C., ahead of next week's tariff deadline. U.S. President Donald Trump threatened to slap Canada with 35 percent tariffs if there's not a deal by Aug. 1 but the White House has said it would not include goods compliant with the Canada-U.S.-Mexico Agreement on trade.
3 hours ago
- Business
U.S. and Canada might not reach trade deal, Trump says
U.S. President Donald Trump says his country may not reach a new trade deal with Canada and could simply impose more or higher tariffs on its northern neighbour — something he's threatening to do in one week's time. We haven't really had a lot of luck with Canada, Trump told reporters Friday outside the White House in response to a question about the state of tariff talks with U.S. trading partners. I think Canada could be one where there's just a tariff, not really a negotiation, he said, before departing on a trip to Scotland. It's the first time Trump has publicly spoken about the state of talks with Canada in nearly two weeks. Trump sent a letter to Prime Minister Mark Carney on July 10, threatening (new window) to hit Canada with 35 per cent tariffs on Aug. 1. That rate would apply to Canadian exports currently being tariffed at 25 per cent, under Trump's emergency powers (new window) , citing the national security threat from fentanyl trafficking. Most Canadian goods are exempt from that tariff, provided they meet the North American content rules of the Canada-U.S.-Mexico Agreement (CUSMA). Separately, Canadian steel and aluminum are facing a 50 per cent tariff that the U.S. has imposed on such imports from all countries, while the U.S. tariff on Canadian energy and potash is set at 10 per cent. WATCH | Canada's trade team downplays prospects for deal by Aug. 1: Trump made his comments after a reporter asked what he expects between now and next Friday, the date set for imposing new or higher tariffs on many of the U.S.'s biggest trading partners. Aug. 1 is going to come and we will have most of our deals finished, if not all, Trump said. He spoke of progress in talks with Australia, the European Union and China, but singled out Canada for criticism. 'Haven't been focused on' Canada We don't have a deal with Canada; we haven't been focused on them, Trump said. Trump's comments are the latest nail in the coffin of Canada's prospects for a deal by the U.S. president's deadline. On Thursday, during a visit to Washington, Canada's top trade negotiators downplayed the likelihood (new window) they'll get an agreement by Aug. 1. We're going to continue to work toward the Aug. 1 deadline, said Canada-U.S. Trade Minister Dominic LeBlanc. But all of these deadlines are with the understanding that we'll take the time necessary to get the best deal that we think is in the interest of the Canadian economy and Canadian workers. Enlarge image (new window) Trump walks to board Marine One on the south lawn of the White House on Friday. His administration has set an Aug. 1 deadline to impose new or higher tariffs on many of the U.S.'s biggest trading partners. Photo: Associated Press / Alex Brandon Earlier this week, Carney had told a news conference that his objective is "not to reach a deal whatever it costs (new window) ." After Carney met with Canada's premiers, Nova Scotia's Tim Houston said the prime minister isn't dead set on signing a deal by the deadline. The last time Trump spoke publicly about trade talks with Canada was in a July 14 interview with the BBC's Gary O'Donoghue (new window) . We're negotiating with Canada right now and we'll see how that all works out. I think it's going to work out very well, Trump said at the time. Mike Crawley (new window) · CBC News · Senior reporter Mike Crawley has covered Ontario politics for CBC News since 2009. He began his career as a newspaper reporter in B.C., spent six years as a freelance journalist in various parts of Africa, then joined the CBC in 2005. Mike was born and raised in Saint John, N.B. Follow Mike Crawley on Twitter (new window)
Toronto Sun
4 hours ago
- Business
- Toronto Sun
Trump says he hasn't 'had a lot of luck' with Canada ahead of latest tariff deadline
Published Jul 25, 2025 • 1 minute read Prime Minister Mark Carney and U.S. President Donald Trump pose during a group photo at the G7 Summit in Kananaskis, Alta., on Monday, June 16, 2025. Photo by Mark Schiefelbein / AP WASHINGTON — U.S. President Donald Trump says his administration hasn't 'had a lot of luck with Canada' in its trade negotiations ahead of next week's deadline to avert tariffs. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Trump says his administration hasn't been focused on a deal with Canada and America's northern neighbour could be a country 'where they just pay tariffs.' Trump sent a letter to Prime Minister Mark Carney threatening to impose 35 per cent tariffs if Canada doesn't make a deal by Aug. 1. The White House has said those duties would apply only to goods not compliant with the Canada-U.S.-Mexico Agreement on trade. Canada is also being slapped with Trump's tariffs on steel, aluminum and automobiles, and will be hit by copper tariffs next month. Canada-U.S. Trade Minister Dominic LeBlanc said Thursday that he was feeling encouraged after a meeting with U.S. Commerce Secretary Howard Lutnick and Republican senators in Washington. Read More Toronto & GTA Columnists Toronto & GTA Sports Sunshine Girls
Winnipeg Free Press
4 hours ago
- Business
- Winnipeg Free Press
Trump says he hasn't ‘had a lot of luck' with Canada ahead of latest tariff deadline
WASHINGTON – U.S. President Donald Trump says his administration hasn't 'had a lot of luck with Canada' in its trade negotiations ahead of next week's deadline to avert tariffs. Trump says his administration hasn't been focused on a deal with Canada and America's northern neighbour could be a country 'where they just pay tariffs.' Trump sent a letter to Prime Minister Mark Carney threatening to impose 35 per cent tariffs if Canada doesn't make a deal by Aug. 1. The White House has said those duties would apply only to goods not compliant with the Canada-U.S.-Mexico Agreement on trade. Canada is also being slapped with Trump's tariffs on steel, aluminum and automobiles, and will be hit by copper tariffs next month. Monday Mornings The latest local business news and a lookahead to the coming week. Canada-U.S. Trade Minister Dominic LeBlanc said Thursday that he was feeling encouraged after a meeting with U.S. Commerce Secretary Howard Lutnick and Republican senators in Washington. This report by The Canadian Press was first published July 25, 2025.
Hamilton Spectator
4 hours ago
- Business
- Hamilton Spectator
Trump says he hasn't ‘had a lot of luck' with Canada ahead of latest tariff deadline
WASHINGTON - U.S. President Donald Trump says his administration hasn't 'had a lot of luck with Canada' in its trade negotiations ahead of next week's deadline to avert tariffs. Trump says his administration hasn't been focused on a deal with Canada and America's northern neighbour could be a country 'where they just pay tariffs.' Trump sent a letter to Prime Minister Mark Carney threatening to impose 35 per cent tariffs if Canada doesn't make a deal by Aug. 1. The White House has said those duties would apply only to goods not compliant with the Canada-U.S.-Mexico Agreement on trade. Canada is also being slapped with Trump's tariffs on steel, aluminum and automobiles, and will be hit by copper tariffs next month. Canada-U.S. Trade Minister Dominic LeBlanc said Thursday that he was feeling encouraged after a meeting with U.S. Commerce Secretary Howard Lutnick and Republican senators in Washington. This report by The Canadian Press was first published July 25, 2025.
