Canada Refuses Immediate Trade Deal with U.S. Amid Ongoing Tariff Dispute
Prime Minister Mark Carney said on 28 October that Canada will not sign a trade agreement with the United States until the deal respects Canada’s red lines and benefits Canadians. The remarks followed a wave of U. S. tariff moves that began on 23 October, when the Trump administration removed 50% tariffs on 22 Canadian product categories and imposed duties on about 100 new categories, affecting roughly $2. 5 billion in each direction. The White House also announced exemptions for certain Canadian agricultural and forestry products, and President Donald Trump signed an order lifting 50% tariffs on several Canadian goods.
At the same time, new tariffs on Canadian wood products were announced, which industry officials warned could cut a quarter of business for major producer Preverco and threaten thousands of jobs. A senior U. S. economic adviser said negotiations were progressing despite the fresh tariffs, while Honda senior vice-president Jennifer Thomas warned that a proposed 50% tariff on Canadian auto parts would cripple the North American automotive sector. American and Canadian officials later discussed relief from Section 232 steel and auto tariffs, and Canada’s auto-parts lobby reported renewed talks, though significant gaps remain and no agreement is imminent.
