Carney says a U.S. trade deal without some tariffs is unlikely
CANADA, JUL 15 – Prime Minister Mark Carney said trade talks with the US will intensify before the Aug. 1 deadline but some tariffs on Canadian goods are likely to remain, impacting key sectors.
- Last week, President Trump extended the tariff deadline to August 1, publishing the letter on Truth Social and expressing disappointment with the negotiation pace.
- Under their initial timeline last month, Carney and Trump agreed to finalize a trade and security pact by July 21, but President Trump unilaterally pushed back the timeline to press Canada for concessions.
- The 35% rate jumps from 25% with key exemptions, while the administration slapped 50% duties on steel and aluminum and set a 50% tariff on copper next month.
- Following the US tariff threat, Canada imposed its own countermeasures, and Prime Minister Mark Carney said trade talks will intensify ahead of August 1.
- Given this exposure, about three-quarters of Canadian exports go to the US, making tariffs especially damaging to key industries, and Canada will need to pivot trade relationships elsewhere.
66 Articles
66 Articles

Carney heads to Hamilton to meet steelworkers as U.S. trade talks continue
OTTAWA — Prime Minister Mark Carney is scheduled to be in Hamilton today to make an announcement related to the steel industry. It has been more than a month since U.S.
Prime Minister Mark Carney said he hopes that trade negotiations with the United States 'will intensify'.
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium