Canada and the U.S. are on the verge of a major trade breakthrough, with both sides signaling progress after intense negotiations—just in time to avert looming tariffs. President Trump touts benefits for American farmers and manufacturers, while Prime Minister Carney highlights wins for Canada’s key industries and long-term stability. Though details remain hazy, U.S. Trade Rep Jamieson Greer says talks have been productive, addressing longstanding trade irritants. Trump claims Canada agreed to remove tariffs on U.S. agricultural goods and hinted at slight tariff reductions on Canadian imports. Canada pushed hard to eliminate or reduce tariffs on steel, aluminum, autos, and lumber, while the U.S. sought concessions like lifting retaliatory auto tariffs and opening Canada’s alcohol market. Business leaders on both sides are urging resolution to avoid economic fallout, even as public opinion in Canada leans toward toughness—especially on dairy, which remains untouched under Canada’s supply management system. The deal’s final terms are still unfolding, but all signs point to a pivotal moment for North American trade.
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