Carney Hints Tariffs Will Stay, Sees Negotiations Ramping Up (1)

Canadian Prime Minister Mark Carneysaid he believes trade negotiations with the US will “intensify,” but acknowledged there’s little evidence the Trump administration is willing to cut a deal that would completely drop tariffs.

“We need to recognize that the commercial landscape globally has changed,” Carney told reporters in Ottawa prior to a closed-door meeting of his cabinet on Tuesday. “We will continue to focus on what we can most control, which is building a strong Canadian economy.”

Canada’s public position has been that most of its trade with the US should be tariff-free under the terms of the US-Mexico-Canada ...