Carney states trade talks in ‘intense phase’ after Trump scores win with European Union

Carney says trade talks in 'intense phase' after Trump scores win with European Union


WASHINGTON — Prime Minister Mark Carney states Canada’s nereceivediations with the United States are in an “intense phase” after President Donald Trump announced a trade agreement with the European Union.

Carney states that while there are similarities between the Canada–U.S. nereceivediations and those involving Europe, there are also a lot of differences.

Carney states he will only accept a deal that’s good for Canada.

The prime minister’s comments come after Trump last week notified reporters that Canada wasn’t a priority for his administration ahead of his Aug. 1 deadline to create trade deals.

The EU framework announced Sunday gave Trump a much-necessaryed win as he sees to realign global trade — and it indicates that no nations are likely to obtain a reprieve from his tariffs.

It sets a 15 per cent tariff on most goods, including European automobiles, but doesn’t appear to shield the European Union from looming sectoral tariffs on things like pharmaceuticals.

This report by The Canadian Press was first published July 28, 2025.

Kelly Geraldine Malone, The Canadian Press



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *