The president offered a three-day pause on the latest round of new tariffs
OTTAWA – U.S. President Donald Trump said U.S. stakeholders will be “thrilled” with the tentative deal struck between Canada and the U.S., as negotiations continued Wednesday to finalize an agreement between both countries.
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“Our farmers are going to be thrilled; our manufacturers are going to be thrilled,” he said, during a press conference in Washington on Wednesday. “And basically, we have no tariffs going into Canada anymore.”
Trump’s comments come a day after he postponed a new round of 50 per-cent tariffs that were set to hit $29 billion worth of Canadian goods, scheduled to take effect at midnight on Wednesday.
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The president offered a three-day pause on the latest round of new tariffs, citing a deal between Canadian and American negotiators.
Details of the agreement have not been made public.
In a statement Wednesday, Prime Minister Mark Carney congratulated Canada-U.S. Trade Minister Dominic LeBlanc and United States Trade Representative Jamieson Greer for their significant progress in negotiations.
“Canada entered these discussions with the best overall trade terms,” said Carney, in a post on X.
“We are now moving towards an agreement that reinforces that Canadian advantage, including by securing the best terms in each of Canada’s most important strategic sectors and providing greater certainty about our future trading relationship,” the prime minister added.
Speaking to reporters together in Washington around noon, Greer and LeBlanc both confirmed there was a tentative deal on the table and that both sides were crossing t’s and dotting i’s.
