{"id":62399,"date":"2025-07-28T15:53:40","date_gmt":"2025-07-28T15:53:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/carney-says-u-s-canada-trade-negotiations-at-intense-phase\/"},"modified":"2025-07-28T15:53:40","modified_gmt":"2025-07-28T15:53:40","slug":"carney-says-u-s-canada-trade-negotiations-at-intense-phase","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/carney-says-u-s-canada-trade-negotiations-at-intense-phase\/","title":{"rendered":"Carney says U.S.-Canada trade negotiations at &#039;intense phase&#039;"},"content":{"rendered":"<p> \n<br \/><\/p>\n<p> Prime Minister <\/p>\n<p>                        Mark Carney<\/p>\n<p>                         said his government is still in deep trade talks with the Trump administration despite recent comments from the United States president that suggested a deal with Canada wasn\u2019t a priority. <\/p>\n<p> Carney downplayed President <\/p>\n<p>                        Donald Trump<\/p>\n<p>                        \u2019s claim last week that the U.S. is not focused on Canada and <\/p>\n<p>                        may not reach an agreement<\/p>\n<p>                         on tariffs. <\/p>\n<p> \u201cIt\u2019s a negotiation,\u201d Carney told reporters on Monday. \u201cTake what\u2019s said in the public domain as part of that context.\u201d <\/p>\n<p> Talks with the U.S. \u201care at an intense phase,\u201d Carney said, and he pledged to only sign a pact \u201cthat\u2019s a good deal for Canada.\u201d <\/p>\n<p> Still, Carney acknowledged that it remains unlikely Canada can completely negotiate away Trump\u2019s <\/p>\n<p>                        tariffs<\/p>\n<p>                        . On Sunday, the European Union <\/p>\n<p>                        struck a deal<\/p>\n<p>                         that includes a baseline tariff of 15 per cent on most of its exports to the U.S. That echoed an earlier deal with Japan, which is also facing a baseline 15 per cent U.S. tariff. <\/p>\n<p> But Canada has a different trade situation than Europe does with the U.S., Carney said, pointing to the fact that Europe pledged to buy more American energy products, while Canada is a major energy exporter to its southern neighbour. <\/p>\n<p> \u201cThere are many aspects to these negotiations,\u201d Carney said, speaking in the Atlantic province of Prince Edward Island. \u201cThere is a landing zone that\u2019s possible, but we have to get there and we\u2019ll see what happens.\u201d <\/p>\n<p> Dominic LeBlanc<\/p>\n<p>                        , Canada\u2019s U.S. trade minister, is expected to spend much of the week in Washington ahead of Trump\u2019s Aug. 1 deadline, the date when the president promised to raise U.S. tariffs on Canadian imports to 35 per cent, up from 25 per cent. <\/p>\n<ul class=\"related_links\">\n<li>Trump says trade deal with Canada unlikely before Aug. 1 deadline<\/li>\n<li>EU reaches tariff deal with U.S. in time to avert painful trade blow<\/li>\n<\/ul>\n<p> LeBlanc and other senior Canadian officials were also in the U.S. capital last week, when they met with Republican lawmakers and highlighted the <\/p>\n<p>                        major investments<\/p>\n<p>                         Canadian <\/p>\n<p>                        pension funds<\/p>\n<p>                         make in the U.S. market. <\/p>\n<p> For now, Trump has exempted most imported Canadian goods from tariffs when they\u2019re shipped under the rules of the <\/p>\n<p>                        Canada-U.S.-Mexico Agreement<\/p>\n<p>                         (CUSMA). White House officials have indicated that exemption would continue past Aug. 1, but said the final decision rests with Trump. <\/p>\n<p> Canada still faces steep U.S. tariffs and duties on autos, <\/p>\n<p>                        steel<\/p>\n<p>                        , <\/p>\n<p>                        aluminum<\/p>\n<p>                         and <\/p>\n<p>                        lumber<\/p>\n<p>                         and Trump has threatened to impose new tariffs on <\/p>\n<p>                        copper<\/p>\n<p>                         imports as soon as Friday. <\/p>\n<p> Bloomberg.com <\/p>\n\n<br \/>Carney says U.S.-Canada trade negotiations at &#039;intense phase&#039;<\/a><br \/>\n<br \/>2025-07-28 15:53:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister Mark Carney said his government is still in deep trade talks with the Trump administration despite recent comments from the United States president that suggested a deal with&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-62399","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=62399"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62400"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}