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Carney plans to meet Trump next week in Washington

Mark Carney will meet President Trump next week in Washington and announced $500 million in loan guarantees plus subsidies to protect Canadian steel and lumber industries.

  • Prime Minister Mark Carney spoke with U.S. President Donald Trump on Tuesday, but trade negotiations with the United States have not restarted.
  • Carney plans to meet Trump next week in Washington for a World Cup event.
  • Trump cut off trade talks with Canada last month after the Ontario government ran television ads in U.S. markets using remarks from former U.S. president Ronald Reagan to highlight the downside of tariffs.
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By Rob Gillies, Toronto (AP) — Canadian Prime Minister Mark Carney announced new support Wednesday for the steel and lumber industries that have been severely impacted by U.S. tariffs. U.S. President Donald Trump ordered 50% tariffs on Canadian steel and softwood lumber, which currently face a 45% levy after Washington's increase last month. Carney said the process of an increasingly close economic relationship between Canada and the United Stat…

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BolaVip broke the news in on Tuesday, November 25, 2025.
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