US-Canada trade talks 'very close' to a deal, Hassett says
· Trade · United States · Canada
Top White House economic adviser Kevin Hassett said US-Canada trade negotiations have "picked up" and are "gathering steam," and that talks are "very close" to a deal. The comments came two days after the Trump administration modified Canadian tariffs to benefit some Maine businesses following lobbying by Senator Susan Collins. The two neighbours have been negotiating amid repeated tariff changes.
Why it matters:A US-Canada deal would ease one of the world's largest trading relationships and signal whether tariff-driven disputes are cooling.
Key points
- Hassett said talks have "picked up" and have "gathering steam".
- The US recently modified Canadian tariffs to benefit some Maine businesses.
Sources (original reporting)
More stories from this day
- Trump tariff pause angers US ranchers, boosts Brazilian beef imports
- Japan deploys long-range missile launcher in drill with US
- US stock futures climb as traders await Fed and megacap earnings
- Obama and Trump rally voters in final midterm sprint
- Trump says decision nearing on Iran: deal or 'finish it off'
- Audi defends $4bn Georgia plant amid VW restructuring and tariffs