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Canada and the US to Launch Formal Talks to Review Their Free Trade Agreement in Mid-January

Formal talks will address tariffs and U.S. concerns on Canadian dairy, alcohol bans, and digital laws amid looming 2026 USMCA review, with $3.6 billion in daily cross-border trade.

  • On Dec. 18, 2025, Prime Minister Mark Carney said sectoral tariff talks will fold into the broader CUSMA review kicking off in 2026, with no near-term deal expected.
  • U.S. Trade Representative Jamieson Greer told lawmakers this week that supply-managed dairy and the Online Streaming Act are top irritants, with additional concerns including the Online News Act and provincial bans on U.S. alcohol.
  • Negotiators had been close in October on metals tariffs before President Donald Trump ended talks after an Ontario anti-tariff ad aired in the U.S., which Carney later had pulled at his request.
  • Carney said Canada will only sign agreements consistent with Canadian workers and families, reaffirming protection of supply-management controls despite U.S. signals for tougher concessions.
  • U.S. duties of roughly 45% on Canadian softwood lumber remain a key irritant, while U.S. proposals on rules of origin and a critical minerals marketplace shape CUSMA consultation talks.
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Canada and the United States will begin formal discussions to review the T-MEC in mid-January, said Canadian Prime Minister Mark Carney's office.The Prime Minister confirmed to provincial leaders that Dominic LeBlanc, the head of trade relations between the United States and Canada, "will meet with his American counterparts in mid-January to start formal discussions," Carney's office detailed in a statement Thursday night.The trade treaty betwee…

·Mexico
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Canada and the US to launch formal talks to review their free trade agreement in mid-January

Canada and the U.S. will start formal discussions on their free trade agreement in mid-January. Canadian Prime Minister Mark Carney confirmed that Dominic LeBlanc will meet with U.S. counterparts to begin these talks.

·United States
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Prime Minister Mark Carney stated that Canada will probably not reach a short-term agreement with the United States to reduce tariffs in sectors such as steel and aluminum, and that negotiations are likely to be incorporated into next year’s review of the United States-Mexico-Canada Agreement. Canada and the United States were close to an agreement on metal tariffs, but President Donald Trump suspended talks in October in response to announcemen…

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El Economista broke the news in on Thursday, December 18, 2025.
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