Mark Carney vows not to accept bad US trade deal amid negotiations

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Canadian Prime Minister Mark Carney refuses to accept a bad trade deal with the United States as both countries negotiate under the threat of 50 percent US tariffs on most Canadian imports, announced on July 20-21. About 85 percent of Canadian exports flow to the United States, making the domestic economy particularly vulnerable to these measures. Ottawa is proposing to lift its retaliatory tariffs on US-made automobiles as a goodwill gesture, hoping Washington will reciprocate. US Trade Representative Jamieson Greer and Canada’s Dominic LeBlanc are leading the negotiations, with the tariffs set to take effect in August 2026.

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