Canadian PM Carney says trade talks with US to intensify after new tariffs

Published Jul 22, 03:03 PM UTC

Canadian Prime Minister Mark Carney announced on Tuesday that trade negotiations between Canada and the United States will intensify following President Donald Trump's imposition of new tariffs on Canada. Carney stated that he spoke with President Trump earlier that morning and that both leaders agreed to ramp up negotiations in the coming weeks. The development marks a significant escalation in bilateral trade tensions, with Canada seeking to address the newly imposed tariffs through diplomatic channels. The exact scope of the tariffs and Canada's potential countermeasures were not detailed in the brief statement, but the agreement to intensify talks suggests both sides are aiming to avoid a full-blown trade war. The news comes amid ongoing trade disputes between the two neighboring economies.