fxs_header_sponsor_anchor

News

Canadian PM Carney says its unlikely to obtain a trade deal without tariffs

Canadian Prime Minister Mark Carney noted on Monday while answering media questions that despite United States (US) President Donald Trump's claims that Canada is "difficult to deal with", trade talks are ongoing. PM Carney also noted that any offer on the table from the US is likely going to involve reactionary tariffs, making effort to find middle ground a moot point.

The Canadian government recently cancelled a long-planned digital services tax to smooth over things with the Trump administration.

Key highlights

Trade talks with the US are at an intense phase.

Any trade deal with the US must be on fair terms for Canada.

A US trade deal without any tariffs is not likely.

That said, there's a question as to how large those tariffs would be.

Yes, we are difficult, but we are fighting for Canada.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.