As Hopes for a Trade Deal With Trump Vanish, Canada Tackles Tariff Fallout

Author's Summary: Prime Minister Mark Carney of Canada has introduced measures to address tariff fallout, quietly accepting that a new trade deal with the United States under President Trump now seems improbable amid escalating tensions. (152 characters)

Tariff Challenges Escalate

Canada's Prime Minister Mark Carney implicitly recognizes the fading prospects of a U.S. trade agreement. He unveiled targeted initiatives to mitigate the economic impacts from ongoing tariffs. These steps reflect a shift toward managing consequences rather than pursuing negotiations.

Key Negotiations Highlighted

Carney held talks with President Trump at the White House, centering on trade barriers straining bilateral ties. Trump suggested Canada would be pleased with outcomes, though details stayed private, framing disputes as routine business matters. Carney stressed mutual benefits in cooperation over rivalry.

"Мы сосредоточены на том, чтобы заключить справедливое соглашение — правильное для США и, конечно, правильное для Канады."

Domestic and Provincial Pressures

Opposition figures like Pierre Poilievre urged Carney to secure wins for Canada, amid business demands to lift tariffs and revise CUSMA. Provincial leaders, including Alberta's Danielle Smith, pushed for swift trade agreement updates. Notably, 85% of Canada-U.S. trade already avoids duties.

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The New York Times The New York Times — 2025-11-27

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