Carney signals progress on Canada-US trade deal talks as midterms loom

Author: AFP, AP and ReutersPublished on: November 1, 2026Country: Canada
PoliticsBusiness & Economy
Carney signals progress on Canada-US trade deal talks as midterms loom

Canadian Prime Minister Mark Carney announced progress towards a future trade deal with the United States after speaking with President Donald Trump. Carney said teams from both countries would work in the coming weeks to reach a mutually beneficial agreement, two days before the November 3 US midterm elections. Trade ties have been strained by reciprocal tariffs, including a 50 percent US levy on $20 billion of Canadian goods and Canadian retaliatory tariffs on a range of US products.

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