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Prime Minister Mark Carney announced that the deadline for a new Canada-U.S. trade deal has been extended to August 1, amid U.S. President Donald Trump’s threat to raise tariffs on Canadian goods to 35%. Carney reaffirmed Canada’s commitment to defending its workers while Trump emphasized tariffs as part of his economic strategy, citing issues like fentanyl smuggling and dairy regulations.
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Summary
Prime Minister Mark Carney announced a new August 1 deadline for a trade deal with the U.S. amid President Trump’s threat to raise tariffs on Canadian goods to 35 percent, highlighting ongoing tensions in economic negotiations between the two nations.
