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Canada downplays chances of trade deal ‘at any cost’ with US

CANADA, JUL 23 – Prime Minister Mark Carney insists Canada will only accept the best trade deal with the U.S. amid threats of 35% tariffs and prepares countermeasures to protect key industries.

  • On Tuesday, Prime Minister Mark Carney downplayed the importance of the Aug. 1 deadline, emphasizing the goal to get the best deal for Canadians.
  • Without a deal by Aug. 1, Trump threatened to raise tariffs effective August 1, as premiers prioritize getting the best deal over rushing negotiations.
  • Several provinces signed trade, energy and infrastructure deals, and passed Bill C-5 to support projects, with the major projects office opening by Labour Day.
  • Provinces voiced confidence as Ontario Premier Doug Ford said, while Nova Scotia Premier Tim Houston added, `we’re galvanised` with `tremendous confidence` in the prime minister.
  • Next, negotiations will continue in Washington, and Mark Carney said that Canada-U.S. Trade Minister Dominic LeBlanc will be in Washington this week, emphasizing the ongoing effort to secure the best deal for Canada.
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Lean Right

The government of Canada will take as long as it takes to accept the best deal with the Trump Administration, regardless of time.

·Mexico City, Mexico
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Lean Left

Trump announces more trade deals as deadline looms for higher tariffs on Canada

WASHINGTON — U.S. President Donald Trump announced more trade deals this week as his deadline for Canada and the United States to negotiate a new economic and security partnership draws closer.

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Global News broke the news in Toronto, Canada on Tuesday, July 22, 2025.
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