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Canada Maintains Trade Negotiations with U.S. Despite New Tariffs

Canada Maintains Trade Negotiations with U.S. Despite New Tariffs

Published:
2025-08-04 00:07:02
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BTCCSquare news:

Canada’s trade minister Dominic LeBlanc emphasized ongoing "good faith" negotiations with the U.S. during a CBS Face the Nation interview, despite fresh tariffs targeting non-USMCA-covered goods. The levies, effective since last Thursday, disproportionately pressure Canada’s steel and aluminum sectors as the TRUMP administration prioritizes domestic manufacturing.

LeBlanc’s Washington meetings with White House officials underscored efforts to preserve the decades-old bilateral trade framework, rooted in Reagan-era agreements. "Reliable, cost-effective supply chains must sustain jobs on both sides," he asserted, acknowledging tensions while projecting cautious Optimism for near-term talks between Trump and Prime Minister Carney.

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