3 days ago
Trump says US hasn't reached deal with Canada ahead of tariff cutoff
Donald Trump announced that the United States lacks a trade agreement with Canada. This statement casts doubt on future negotiations. The US plans to impose a 35 percent tariff on Canadian exports if no deal is reached by August 1. Dominic LeBlanc said discussions are ongoing. Canada seeks the best possible deal.
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Just days before a critical trade deadline, President Donald Trump said on Friday(July 25) that the United States does not yet have a deal with Canada, casting doubt on the future of cross-border negotiations.'We don't have a deal with Canada,' Trump told reporters during a brief outdoor appearance at the White House. 'August 1 is going to come, and we will have most of our deals finished, if not all. We haven't really had a lot of luck with Canada. I think Canada could be one where they'll just pay tariffs. It's not really a negotiation.'Trump's comments come amid mounting uncertainty surrounding US–Canada trade talks. Negotiators from both countries have been meeting in Washington this week, hoping to resolve key sticking points before the tariff exemptions expire. If no agreement is reached by August 1, the US is set to impose a 35 percent tariff on certain Canadian exports, including copper, steel, aluminum, and automotive Minister of Intergovernmental Affairs Dominic LeBlanc , who has been leading talks with US Commerce Secretary Howard Lutnick and a bipartisan group of senators, said Thursday that the discussions remain complex and ongoing. 'We're committed to getting the best deal possible for Canadians,' LeBlanc told reporters, adding that negotiators are prepared to go beyond the deadline if needed.'We're not going to be pressured by arbitrary dates if the outcome isn't right,' he Canada already benefits from protections under the US–Mexico–Canada Agreement (USMCA), the proposed tariffs would affect a set of products not fully covered by the contrasted the stalled Canadian talks with progress elsewhere, claiming that deals with the European Union and China are either completed or close to completion. He also celebrated a recent agreement with Australia, which reportedly loosened import restrictions on US for Canada, Trump indicated he had already sent a formal letter outlining the 35 percent tariff plan. 'When those letters go out, they're a page and a half, that means they have a deal,' Trump said. 'That is a contract, essentially.'Canadian officials, however, have not confirmed any such agreement and continue to seek exemptions or alternative terms before the deadline. The Office of the Prime Minister has declined to comment on Trump's is expected to return to Washington next week for further negotiations. Whether a deal will be struck before August 1 or whether Canada will be hit with new tariffs remains to be seen.