- The U.S. and Canada are negotiating in an effort to reach a truce on tariffs before a 12:01 a.m. Wednesday deadline set by U.S. President Donald Trump.
- Canadian Prime Minister Mark Carney stated, “We are negotiating, the negotiations are very intense and delicate. This is not the time to talk about negotiations in public.”
- Carney and Trump spoke by phone Monday afternoon about the ongoing trade negotiations.
The U.S. and Canada are racing against a looming deadline as negotiations intensify to avert a potential trade crisis. President Trump has set a 12:01 a.m. Wednesday deadline for reaching an agreement, threatening to impose 50% tariffs on $20 billion worth of Canadian products, including hockey sticks and tongue depressors.13
Canadian Prime Minister Mark Carney emphasized the seriousness of the discussions, stating, “We are negotiating,” and described the talks as “very intense and delicate.” He urged caution, saying, “This is not the time to talk about negotiations in public.”2
The urgency of the situation escalated after a phone call between Carney and Trump on Monday afternoon, highlighting the critical nature of the ongoing trade discussions. If an agreement is not reached by the deadline, the imposition of tariffs could significantly impact various sectors of the Canadian economy, raising concerns among businesses and consumers alike.
As both nations work to find common ground, the outcome of these negotiations could reshape trade relations and economic stability in the region.
“Canadian Prime Minister Mark Carney emphasized the intensity and delicacy of the negotiations, stating, “We are negotiating.” Additionally, Carney and Trump discussed the ongoing trade negotiations by phone Monday afternoon, highlighting the urgency of reaching an agreement before the deadline.”
