Trump says US-Canada trade deal is close after talks with Carney

· Trade · United States · Canada

President Donald Trump said a US-Canada trade deal is "very close" after talks with Canadian Prime Minister Mark Carney, who said both sides would work toward a "mutually beneficial" outcome in the weeks ahead. Carney signalled progress as Tuesday's US midterm elections loom. Trade talks between the two countries collapsed acrimoniously in August. Details of a potential agreement were not disclosed.

Why it matters:A deal would reduce tariff uncertainty for two of the world's largest trading partners and set a template for US trade policy.

Key points

  • Carney cited a "mutually beneficial" outcome in coming weeks
  • Talks had collapsed acrimoniously in August
  • No details of the potential deal were disclosed

Sources (original reporting)

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