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Carney Signals U.S. Trade Deal Could Come Later than Aug. 1

ONTARIO, JUL 22 – Premiers say federal laws delay energy projects by years and cost hundreds of billions in lost investments, urging repeal to boost pipeline and infrastructure development.

  • As talks approach Aug. 1, Carney sought to cool expectations on a U.S. trade deal, warning shifting U.S. goals and noting President Donald Trump's tariff threat.
  • With over $900 billion in annual trade, negotiations continue under the specter of tariffs on Aug. 1, with the U.S. and Canada seeking a deal amid shifting U.S. goals.
  • Canada’s Prime Minister Mark Carney promised last month to adjust counter-tariffs, and Dominic LeBlanc will travel to Washington later this week.
  • Some premiers scaled back hopes of a near-term agreement, while Carney said `Our objective is not to reach a deal whatever it costs, we are pursuing a deal that will be in the best interest of Canadians.`
  • Carney said `if there’s no deal by early August, Canada will take stock`, and added that the government will focus more effort on building trade with non-U.S. partners.
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12 Articles

Colorado Springs GazetteColorado Springs Gazette
+4 Reposted by 4 other sources
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Carney tempers trade expectations, says Canada won’t sign a bad deal

OTTAWA, Canada — Canada’s prime minister sought to cool expectations about reaching a trade agreement with the U.S. in the next 10 days, saying the talks are difficult because the Trump administration keeps changing its goals.

·Colorado Springs, United States
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The Niagara Independent broke the news in Welland, Canada on Tuesday, July 22, 2025.
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