Canada warns U.S. trade deal may need tariffs

Canada warns U.S. trade deal may need tariffs
Mark Carney
Reuters

Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S.

Speaking Tuesday ahead of a Cabinet meeting focused on U.S. trade talks, Carney said there’s little precedent for Washington signing off on tariff-free agreements.

“There’s not a lot of evidence right now from the deals, agreements and negotiations with the Americans, for any country or any jurisdiction, to have a deal without tariffs,” Carney told reporters.

His comments come as U.S. President Donald Trump prepares to slap 35% tariffs on Canadian imports starting 1 August — the same date both sides had initially targeted for finalising a new trade agreement.

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