Sign In

Delhi News Daily

  • Home
  • Fashion
  • Business
  • World News
  • Technology
  • Sports
  • Politics
  • Lifestyle
  • Entertainment
Reading: ‘Two strong economies’: Canada’s trade minister pledges to continue trade talks with US; urges dialogue despite Trump’s new tariffs – Times of India – Delhi News Daily
Share

Delhi News Daily

Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Delhi News Daily > Blog > World News > ‘Two strong economies’: Canada’s trade minister pledges to continue trade talks with US; urges dialogue despite Trump’s new tariffs – Times of India – Delhi News Daily
World News

‘Two strong economies’: Canada’s trade minister pledges to continue trade talks with US; urges dialogue despite Trump’s new tariffs – Times of India – Delhi News Daily

delhinewsdaily
Last updated: August 3, 2025 7:17 pm
delhinewsdaily
Share
SHARE


'Two strong economies': Canada's trade minister pledges to continue trade talks with US; urges dialogue despite Trump's new tariffs
Canada’s trade minister Dominic LeBlanc

Canada’s trade minister Dominic LeBlanc said on Sunday that his country is prepared to continue working toward a new trade agreement with the US, despite leaving Washington without a deal and facing increased tariffs from the Trump administration. “We’re prepared to stick around and do the work needed,” LeBlanc said in an interview on Face the Nation with Margaret Brennan. “We believe there’s a great deal of common ground between the United States and Canada in terms of building two strong economies that work well together,” he said as quoted by CBS News.The White House announced last week that tariffs on Canadian goods not covered under the Canada-United States-Mexico Agreement (CUSMA) would rise from 25% to 35%. The move was justified by concerns over immigration and fentanyl, with the administration claiming Canada has not done enough to address those issues.LeBlanc described the decision as “disappointing” but emphasised that talks would continue. He said discussions with US trade representative Jamieson Greer and commerce secretary Howard Lutnick had been “constructive, cordial conversations.”“We’re encouraged by the conversations with Secretary Lutnick and Ambassador Greer,” he said. “But we’re not yet where we need to go to get the deal that’s in the best interest of the two economies.”The tariff hikes are part of a broader trade crackdown announced by Trump last week, targeting more than 60 countries. Canada, the US’ second-largest trading partner, was the most significant nation affected. In 2024, Canada bought roughly $350 billion in US goods and exported $412 billion to the American market, according to Census Bureau data.In a separate Face the Nation interview on Friday, Greer pointed to Canada’s earlier retaliatory tariffs under former Prime Minister Justin Trudeau as a reason for the increase. “If the president’s going to take an action and the Canadians retaliate, the United States needs to maintain the integrity of our action… so we have to go up too,” he said, reported CBS News.“Our view is the president is trying to fix the terms of trade with Canada, and if there’s a way to a deal, we’ll find it,” Greer added. “And if it’s not, we’ll have the tariff levels that we have.”Responding in a statement Friday, Canadian Prime Minister Mark Carney said he was “disappointed” by the US action, noting that “Canada accounts for only 1% of US fentanyl imports and has been working intensively to further reduce these volumes.”LeBlanc said Sunday that Carney is expected to speak with President Trump “over the next number of days,” describing their relationship as “business-like” and “respectful.”“We understand and respect totally the president’s view in terms of the national security interests. In fact, we share it,” LeBlanc said. “And what we’ve said to our American counterparts is, how can we structure the right agreement where we can both continue to supply one another in a reliable, cost-effective way that preserves jobs essential to the American economy? But the same thing is true, obviously, in Canada as well.”Relations between the two countries have grown increasingly tense since Trump took office in January and floated the idea that Canada could become the “51st state.” Carney rejected the notion during a May Oval Office meeting, saying Canada is “not for sale.”





Source link

Share This Article
Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Chile mine collapse: Four dead in copper shaft disaster; one still unaccounted for – Times of India – Delhi News Daily
Next Article ‘Still recovering’: Cincinnati brawl victim Holly speaks breaks silence; shares suffering brain trauma after viral attack – Times of India – Delhi News Daily
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ‘Doesn’t Want To Answer Questions’: Kiren Rijiju On Rahul Gandhi’s Outburst Against Media – Delhi News Daily
  • Fact sheet changes reflect joint statement: MEA on US interim trade pact – Delhi News Daily
  • दिल्ली के कारीगरों को अब मिलेगा ग्लोबल मार्केट, सीएम रेखा गुप्ता ने ‘मुख्यमंत्री कौशल विकास योजना’ को दी मंजूरी – Delhi News Daily
  • T20 World Cup: Namibia’s Gerhard Erasmus upset after lack of night practice before India match – Delhi News Daily
  • Death Overs In Tamil Nadu: Will Congress Play Safe Or Swing Big? – Delhi News Daily

Recent Comments

No comments to show.

You Might Also Like

World News

UAE: Abu Dhabi’s non-oil foreign trade sees record 35% jump, reaching AED195.4 bn in H1 2025 | World News – Times of India – Delhi News Daily

Abu Dhabi’s non-oil foreign trade grew 34.7% in H1 2025, up from AED145 billion during the same period in 2024/…

9 Min Read
World News

‘Unacceptable’: Japan condemns Trump’s Hiroshima comparison to Iran strikes; demands retraction – Times of India – Delhi News Daily

Japan has strongly criticised US President Donald Trump for comparing the recent American military strikes on Iran to the atomic…

5 Min Read
World News

UAE Set to witness rare and spectacular Blood Moon on September 7, 2025 | World News – Times of India – Delhi News Daily

On September 7, 2025, the UAE will witness an 82-minute total lunar eclipse, turning the Moon a vivid red/Image: DAG…

8 Min Read
World News

$700,000 from US to India: Indian-origin doctor Krishnaswami Sriram sentenced to 34 months in jail for tax evasion, medical fraud – Times of India – Delhi News Daily

Krishnan Sriram, Indian-origin doctor, sentenced to 34 months in prison for tax evasion and medical fraud in US. Indian-origin Illinois…

5 Min Read

Delhi News Daily

© Delhi News Daily Network.

Incognito Web Technologies

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?