Canadian Trade Minister Dominic LeBlanc stated that trade talks with the U.S. are ongoing, despite new tariffs on Canadian goods.
Canada Confirms Intent to Negotiate
During an interview on CBS, Trade Minister Dominic LeBlanc mentioned that President Trump is still 'negotiating in good faith,' indicating that trade discussions between the countries are not dead. Expectations are for Trump and Prime Minister Mark Carney to discuss the situation soon.
Canada Seeks to Protect Trade Amid Political Strain
Minister LeBlanc highlighted the importance of maintaining long-standing economic ties between Canada and the U.S., pointing out the integration of the economies of both countries. He noted that 'it is very difficult to fully separate the two sides', and this interdependence is a key reason why Canada continues negotiations despite tariffs.
New Twists in Negotiations with the U.S.
Late last week, President Trump posted that Mark Carney's support for recognizing Palestinian statehood could complicate a trade deal. This added a political layer to the economic talks. Nevertheless, LeBlanc remained optimistic, stating that there is still room for progress between both nations.
Both sides recognize that pulling the plug on this relationship could have significant repercussions for industries currently caught in the crossfire. Negotiations remain active, albeit tense.
