Canadian PM Carney: Working a deal with Trump, will keep talking to non-US allies

Joshua Gibson FXStreet

Canadian Prime Minister Mark Carney noted on Tuesday that while the Canadian government is still open to further trade discussions with the US, Canada will still be pursuing active negotiations with allies outside of the US.

Key highlights

We're working positively for a trade deal with Trump.
We'll see when asked whether there could be a deal with the US before August 1st. Talks are complex.
We'll spend more time talking to non-US trade partners.
We will take stock if there is no deal.
Ottawa is preparing a response to help workers in the steel and softwood lumber industries who are faced with US tariffs.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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