Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks Carney Faces Cross-Border Pressure Amid High-Stakes US Trade Talks
CANADA, JUL 11 – Prime Minister Mark Carney aims to finalize a trade agreement with the U.S. by August 1 amid threats of 35% tariffs on Canadian goods, with cross-party support backing negotiations.
- Prime Minister Mark Carney is engaged in difficult trade discussions with the United States as President Donald Trump threatens to enforce a 35% tariff on goods imported from Canada beginning August 1.
- The tariff threat follows Canada's rollback of a planned Digital Services Tax after U.S. pressure, while many experts say it is too soon to judge if Carney has conceded prematurely.
- Canadian political leaders, including Conservative Pierre Poilievre and B.C. Premier David Eby, have united to secure a strong deal despite criticism likening Carney's approach to a "chicken dance."
- The 35% tariffs likely exclude goods covered by the U.S.-Mexico-Canada Agreement, and Carney has reiterated Canada's steadfast defense of workers and industries throughout negotiations.
- Analysts note Trump drives a hard bargain and say the final trade agreement will determine if Carney's strategy succeeds or if he pays a political price at home.
19 Articles
19 Articles
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Canadian companies are struggling with price shocks and upheavals. This is due to the 35 percent tariffs imposed by Trump on Canada from August onwards.
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