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Canada, US to Work Toward Trade Deal in Coming Weeks Following Carney-Trump Talks

Canada, US to Work Toward Trade Deal in Coming Weeks Following Carney-Trump Talks

MT newswireMT newswire2026/11/02 10:37
06:37 AM EST, 11/02/2026 (MT Newswires) -- Canada and the US will work toward a mutually beneficial trade agreement in the coming weeks following a "good conversation" with President Donald Trump, Prime Minister Mark Carney said Sunday. The proposed agreement would aim to create jobs, improve affordability for families and respect Canada's languages, culture and sovereignty, Carney said in a post on LinkedIn. "Our teams will now be working in the coming weeks to deliver that outcome," Carney said. In August, Canada walked away from trade negotiations over last-minute US demands it viewed as threats to its sovereignty, French-language protections and key industries, including the auto sector. Trump subsequently imposed 50% tariffs on about $20 billion in Canadian goods, prompting retaliatory measures. Also on Sunday, Trump said the two countries had "the concept of a very good deal" following his Saturday conversation with Carney, according to remarks broadcast on Global News. Trump made the remarks in Iowa, ahead of Tuesday's US midterm elections.
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