Prime Minister Mark Carney says Canada-U.S. trade negotiations are at an ‘intense phase,’ ahead of the Aug. 1 deadline set by U.S. President Donald Trump. But Carney insisted he will not accept a deal that's bad for Canada just to hit that deadline.
Breakdown
- Canadian officials describe trade talks with the U.S. as intense and complex.
- The U.S. threatens 35% tariffs on some Canadian goods if no deal is reached. 23s
- Canada insists it will only agree to a deal that benefits its interests. 27s
- The U.S. has recently made trade deals with the U.K. and EU, setting tariffs and energy purchase agreements. 38s
- Canadian leaders highlight the country's leverage and debate potential retaliation if tariffs are imposed. 1m 38s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.