EconomyLens.com
No Result
View All Result
Sunday, December 14, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Trump talks up Canada trade deal chances with ‘world-class’ Carney

Andrew Murphy by Andrew Murphy
October 7, 2025
in Other
Reading Time: 7 mins read
A A
0
24
SHARES
304
VIEWS
Share on FacebookShare on Twitter

US President Donald Trump meets Canadian Prime Minister Mark Carney. ©AFP

Washington (AFP) – President Donald Trump said Canadian Prime Minister Mark Carney would be “very happy” after their trade talks at the White House Tuesday, but offered no immediate concessions on lifting steep US tariffs. Striking a friendly tone in the Oval Office, Trump praised Carney as a “world-class leader,” adding that the former central banker was a “nice man” who can also be “very nasty.”

Related

What we know ahead of Jimmy Lai’s national security verdicts

Louvre trade unions to launch rolling strike

Jimmy Lai, the Hong Kong media ‘troublemaker’ in Beijing’s crosshairs

German defence giants battle over military spending ramp-up

Women sommeliers are cracking male-dominated wine world open

But Carney, who faced pressure at home to get a deal during his second White House visit since taking power in April, left without any firm promises that tariffs would be lifted. “I think they’re going to walk away very happy,” Trump told reporters, saying that there was “natural conflict” between the two economies, but that they had “come a long way over the last few months.” Carney said he was confident that Canada would “get the right deal” from the United States, his country’s main economic partner.

The pair also shared a series of light-hearted moments, even laughing as Trump joked about a Canadian “merger” in a reference to his previous calls for Canada to become the 51st US state. Despite the jovial tone, Trump and Carney studiously avoided giving any precise details on how they might ease US tariffs on lumber, aluminum, steel, and automobiles. On Monday, the US president announced 25 percent tariffs on all imported heavy trucks starting November 1.

A statement from Carney after the visit indicated there had been little firm agreement, saying only that both leaders recognized there were areas for competition and others where they could work together. “We’re focused on building these new opportunities,” he said on X.

– ‘Broken promises’ – The 60-year-old Carney entered politics less than a year ago after campaigning on his extensive crisis management experience as a way of countering Trump’s tariffs and annexation threats. But while the vast majority of Canada’s trade remains protected by the USMCA, a free-trade agreement between the United States, Canada, and Mexico, Trump has called for revisions when it comes up for renegotiation soon. Seventy-five percent of Canada’s exports are sold across its southern border. Canada saw its GDP decline by 1.5 percent in the second quarter, adding to the economic pressure.

Before the visit, Canada’s opposition heaped pressure on Carney, as the country is the last major US ally not to seal a deal with Washington. “If you return with excuses, broken promises, and photo ops, you will have failed our workers, our businesses, and our country,” conservative opposition leader Pierre Poilievre wrote in an open letter to Carney on Monday. Carney faces particular criticism for making concessions to Trump while getting little in return.

At the end of June, Carney canceled a tax targeting American tech giants under pressure from Trump, who called it outrageous. He also lifted many of the tariffs imposed by the previous government. “Mark Carney has no choice, he must return from Washington with progress,” said Daniel Beland, a political scientist at McGill University in Montreal, pointing to the steel and aluminum tariffs as key areas.

But Carney at least seemed to have negotiated the hurdle of an Oval Office visit for a second time — one that has caused stumbles for previous visitors like Ukraine’s Volodymyr Zelensky. “These meetings can easily go off track, and everything plays out publicly,” said Genevieve Tellier, a political scientist at the University of Ottawa.

© 2024 AFP

Tags: CanadaDonald Trumptrade
Share10Tweet6Share2Pin2Send
Previous Post

EU targets foreign steel to rescue struggling sector

Next Post

Gold tops $4,000 for first time on political, economic worries

Andrew Murphy

Andrew Murphy

Related Posts

Other

Can Venezuela survive US targeting its oil tankers?

December 13, 2025
Other

World stocks mostly slide, consolidating Fed-fuelled gains

December 14, 2025
Other

EU 2035 combustion-engine ban review: what’s at stake

December 13, 2025
Other

Stocks rally in wake of Fed rate cut

December 12, 2025
Other

Kushner returns to team Trump, as ethical questions swirl

December 12, 2025
Other

Asian markets track Wall St record after Fed cut

December 12, 2025
Next Post

Gold tops $4,000 for first time on political, economic worries

Indian garment exporters reel under US tariffs

US stocks edge higher as shutdown drags on

In Simandou mountains, Guinea prepares to cash in on iron ore

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Asian markets drop with Wall St as tech fears revive

December 14, 2025

What we know ahead of Jimmy Lai’s national security verdicts

December 14, 2025

Louvre trade unions to launch rolling strike

December 14, 2025

Jimmy Lai, the Hong Kong media ‘troublemaker’ in Beijing’s crosshairs

December 14, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.