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Canada and US Strive for New Economic Agreement Within a Month

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by Giorgi Kostiuk

4 hours ago


Canadian Prime Minister Mark Carney announced the intention to finalize a new economic and security agreement with the US within the next 30 days. This statement was made after a meeting with President Donald Trump at the G7 summit.

Discussion Without Preliminary Expectations

Carney's announcement came as a surprise, given prior comments from Canadian officials that significant work remained before an agreement could be finalized. Nonetheless, the Prime Minister's office confirmed that the 30-day timeline is a real deadline.

Tariffs and Mutual Positions

During the Carney-Trump meeting, key issues blocking the conclusion of the new agreement were discussed. Carney did not comment on the possibility of retaining some tariffs in the agreement but emphasized the need for their removal.

Progress of Further Negotiations

Kirsten Hillman, Canada’s ambassador to Washington, stated that discussions are ongoing and no final agreement has been reached. She stressed that Canada insists on the absence of tariffs on its exports to the US.

Despite optimistic statements, the situation remains uncertain. Both governments are attempting to present a proactive approach to negotiations, but experts believe that actual progress has not yet been achieved.

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