Canada and U.S. make headway in trade talks as negotiations intensify
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Prime Minister Mark Carney said progress has been made in U.S.-Canada trade negotiations, noting that the United States has softened its stance on several Canadian red-line issues.
Prime Minister Mark Carney told reporters in Antigua that Canada and the United States have moved forward in their trade talks, but that further work remains before any deal can be signed. He said the United States is now "asking less and offering more," and that "more intense negotiations" have begun after a collapse of talks in August.
Carney attributed the shift to changes in the White House position on issues that Canada had previously considered non-negotiable, including requirements for French-language content on streaming services and restrictions on Canada’s ability to pursue trade agreements with other nations. "Those are now off the table. That's very welcome," he said.
While the prime minister did not detail the remaining points of contention, the automotive sector is expected to be a key issue, as it was during the August breakdown that led to reciprocal tariffs.
President Trump has indicated to Fox News that his administration is close to finalising a trade agreement with Canada. Carney said he will meet President Trump later this month at the APEC summit in China.