{"id":198697,"date":"2025-10-08T23:28:15","date_gmt":"2025-10-08T23:28:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/198697\/"},"modified":"2025-10-08T23:28:15","modified_gmt":"2025-10-08T23:28:15","slug":"carney-says-material-progress-on-u-s-trade-set-to-conclude-in-weeks-national","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/198697\/","title":{"rendered":"Carney says \u2018material progress\u2019 on U.S. trade set to conclude in \u2018weeks\u2019 – National"},"content":{"rendered":"

Prime Minister Mark Carney\u2019s<\/a> office says he and U.S. President Donald Trump<\/a> directed their teams to conclude work on making \u201cmaterial progress\u201d on steel, aluminum and energy trade in \u201cthe coming weeks\u201d after their meeting in Washington.<\/a><\/p>\n

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Wednesday\u2019s readout of Carney\u2019s visit to the U.S. capital came after Canada-U.S. Trade Minister Dominic LeBlanc, who accompanied Carney and is leading the U.S. trade negotiations, told reporters Tuesday that the goal was to \u201cquickly land deals\u201d on those sectors that have been hit by tariffs.<\/p>\n

\u201cThe Prime Minister and the President welcomed the progress achieved to date in building a new economic and security relationship between their nations,\u201d the readout from Carney\u2019s office said.<\/p>\n

\u201cThe leaders identified opportunities for material progress in trade in steel, aluminum, and energy, and directed their teams to conclude this work in the coming weeks.\u201d<\/p>\n

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A government source told Global News<\/a> that Carney raised the possibility of revisiting the cross-border Keystone XL pipeline in the context of potential energy co-operation during his closed-door meeting with Trump, in exchange for progress on steel and aluminum tariffs.<\/p>\n

The readout added Carney and Trump also discussed \u201copportunities to cooperate in defence and focused on their shared efforts to bolster Arctic security.\u201d<\/p>\n

Speaking virtually late Wednesday at the Eurasia Group\u2019s U.S.-Canada Summit in Toronto, Carney said the goal was to find \u201cthe right balance\u201d in a trading relationship that has become \u201ctransactional.\u201d<\/p>\n

\u201cI would say what\u2019s open is around certain things in aerospace, defence and other elements where there\u2019s parts of those sectors where (we\u2019re) absolutely aligned and we\u2019re stronger (together),\u201d he said. \u201cThere\u2019s other parts where it\u2019s less clear.\u201d<\/p>\n

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Carney travelled to Washington for Tuesday\u2019s White House meeting under increasing pressure to reach a deal with Trump.<\/p>\n

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His office and LeBlanc had played down the possibility of leaving D.C. with a deal in hand, noting they were seeking agreements on sectors including steel, aluminum, autos and lumber that are facing steep tariffs under U.S. national security provisions.<\/p>\n

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LeBlanc said after the meeting that he and his U.S. counterparts had been directed to \u201cquickly\u201d secure deals on steel, aluminum and energy.<\/p>\n

He did not set a timeline for those initial deals but said further talks were expected as soon as Tuesday evening.<\/p>\n

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\u201cThe conversation between the two leaders left us very much with the sense that there\u2019s a desire to see how we can \u2014 starting with the steel and aluminum sectors \u2014 structure something that would be in the economic and security interests of both countries,\u201d he said.<\/p>\n

\u201cPeople understandably want to see the results, and believe me, so do we. We\u2019re going to continue that work.\u201d<\/p>\n

LeBlanc said on social media Wednesday<\/a> that he will be in Washington \u201cover the coming days\u201d to continue those talks.<\/p>\n

He said Tuesday that deals on steel and aluminum will pave the way for agreements for other sectors like automobiles, which are still being negotiated.<\/p>\n

On Wednesday, U.S. Commerce Secretary Howard Lutnick said<\/a> in his own virtual address to the U.S.-Canada Summit that the White House has taken the position of \u201cAmerica first, Canada second\u201d when it comes to automaking, according to sources in the room for the closed-door event.<\/p>\n

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That tone was harsher than the one both Trump and Carney presented in Tuesday\u2019s meeting in front of reporters, where they talked about balancing competition with cooperation. Trump suggested \u201cformulas\u201d were being worked on, but did not elaborate.<\/p>\n

Carney noted in his Wednesday address that while he\u2019s of the view that \u201cyou need\u201d the Canada-U.S.-Mexico Agreement on free trade (CUSMA) to ensure the American auto industry remains globally competitive, \u201cnot everyone shares that view at this time.\u201d<\/p>\n

\u201cSo that\u2019s a real discussion, and we\u2019ll see there,\u201d he added.<\/p>\n

The trade pact is up for a scheduled review next year, with public consultations already underway to help inform those negotiations.<\/p>\n

Carney said it\u2019s likely there will be \u201csome bilateral deals\u201d negotiated alongside CUSMA, but that they won\u2019t be \u201can either-or necessarily.\u201d<\/p>\n

The meeting with Trump dominated question period in the House of Commons on Wednesday, with Conservatives taking particular aim at Carney\u2019s comment in the Oval Office that Canadian private sector investment in the U.S. could reach $1 trillion in the next five years if Canada gets \u201cthe deal that we expect to get.\u201d<\/p>\n

Conservative Leader Pierre Poilievre accused Carney of abandoning auto workers who are losing jobs in Ontario as plants close down and move to the U.S., to which Carney said Canada was continuing to negotiate down tariffs he insisted are lower than what other countries face.<\/p>\n

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\u201cWe are still negotiating because, as the president said yesterday, the Prime Minister of Canada is a tough negotiator,\u201d Carney said. \u201cWe will get the right deal for autoworkers.\u201d<\/p>\n

\u201cMr. Speaker, give me $1 trillion, and even I will say something nice about this guy,\u201d Poilievre shot back.<\/p>\n

Carney also met with the top Republican and Democrat senators on the U.S. Senate foreign relations committee while in Washington, and had dinner with U.S. Vice-President JD Vance, the PMO readout said.<\/p>\n

\u201cAs senators from states who share a border with Canada, we welcome renewed bilateral dialogue in the best interests of the Canadian and American people,\u201d a joint statement from Sen. Jim Risch of Idaho and Sen. Jeanne Shaheen of New Hampshire said.<\/p>\n

Carney said Canada is focused on creating \u201cnew opportunities\u201d for shared collaboration with the U.S. while understanding \u201cthere are areas where our nations can compete,\u201d according to his office.<\/p>\n

\n\t\t&copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister Mark Carney\u2019s office says he and U.S. President Donald Trump directed their teams to conclude work…\n","protected":false},"author":2,"featured_media":198698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,1376,8334,46,2659,714,2845],"class_list":["post-198697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-donald-trump","tag-donald-trump-tariffs","tag-economy","tag-mark-carney","tag-politics","tag-u-s-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/198697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=198697"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/198697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/198698"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=198697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=198697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=198697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}