Carney says sector deals with U.S. now ‘unlikely’ as CUSMA talks loom
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President Donald Trump greets Prime Minister Mark Carney during a summit, Oct. 13, in Sharm El Sheikh, Egypt. Photo by Evan Vucci/AP filesArticle contentPrime Minister Mark Carney said Canada probably won’t reach a near-term deal with the United States to lower tariffs on sectors such as steel and aluminum, and negotiations are likely to be rolled into next year’s review of the Canada-U.S.-Mexico-Agreement.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentCanada and the U.S. were closing in on a pact on metals tariffs, but U.S.
President Donald Trump then terminated talks in October in response to ads run in the U.S. by the province of Ontario. The television spots quoted former U.S.
President Ronald Reagan speaking against tariffs.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentArticle content“My judgment is that that is now going to roll into the broader CUSMA negotiation, so we’re unlikely, given the time horizons coming together, to have a sectoral agreement,” Carney said in Ottawa on Thursday. “Although if the United States wants to come back on that in those areas, we’re always ready there — we’re very ready.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentHe added that the terms of that deal are still on the table from Canada’s perspective, but the U.S. “has not picked up” the negotiation.Article contentCanada is “very ready on forest products to strike an agreement,” the prime minister added. The U.S. has placed roughly 45 per cent duties and taxes on imports of Canadian softwood lumber, to the frustration of U.S. homebuilders.Article contentCarney said that he, Trump and Mexican President Claudia Sheinbaum set the broad parameters for the USMCA review on the sidelines of the FIFA World Cup draw event in Washington on Dec. 5.Article contentHe also reiterated that he continues to stand by Canadian controls on its dairy imports, an irritant to the U.S. that was reiterated by U.S.
Trade Representative Jamieson Greer on Wednesday.Article contentBloomberg.comArticle contentTrending Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Posthaste: Here's where home prices plunged the most in tough year for Canada's housing market News Welcome to the K-shaped economy: Canadians look back on a 'brutal,' 'great' year in Trump's trade war Economy Trump official signals support for trade deal with Canada, Mexico Economy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Posthaste: Here's where home prices plunged the most in tough year for Canada's housing market News Welcome to the K-shaped economy: Canadians look back on a 'brutal,' 'great' year in Trump's trade war Economy Trump official signals support for trade deal with Canada, Mexico Economy