Canadian PM Carney and US President Donald Trump to Engage in Talks

Started by Ibrahim, 2025-08-04 04:23

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Ibrahim
2025-08-04 04:23

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Canadian Prime Minister Mark Carney and US President Donald Trump to Engage in Talks Amid Tariff Dispute

In the wake of the United States' implementation of a 35% tariff on goods not covered by the U.S.-Mexico-Canada trade agreement, Canadian Prime Minister Mark Carney and US President Donald Trump are expected to engage in talks in the coming days. This development comes as a result of the escalating trade tensions between the two nations, which have been ongoing since Trump initiated the tariff war earlier this year.

According to Dominic LeBlanc, the Canadian cabinet minister responsible for U.S.-Canada trade, the talks are aimed at resolving the tariff dispute and finding a mutually beneficial solution. LeBlanc expressed optimism about the prospects of a deal, citing recent discussions with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. "We're encouraged by the conversations with Secretary Lutnick and Ambassador Greer, but we're not yet where we need to go to get the deal that's in the best interest of the two economies," LeBlanc stated.

The trade minister added that he expects Carney and Trump to speak "over the next number of days" and believes that a deal to bring down tariffs remains a viable option. "We think there is an option of striking a deal that will bring down some of these tariffs and provide greater certainty to investment," LeBlanc emphasized.

The trade dispute between the two nations has been fueled by various factors, including the US's concerns about Canada's role in the smuggling of fentanyl into the United States. However, Carney has countered that Canada accounts for only 1% of U.S. fentanyl imports and has been working intensively to further reduce the volumes.

As the trade war continues to evolve, many are watching closely to see how the talks between Carney and Trump will unfold. The outcome of these discussions will have significant implications for the economies of both countries and the global trade landscape.
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