{"id":47090,"date":"2026-08-20T02:57:17","date_gmt":"2026-08-20T02:57:17","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=47090"},"modified":"2026-08-20T03:24:48","modified_gmt":"2026-08-20T03:24:48","slug":"canada-and-us-say-they-are-finalising-a-trade-deal-but-details-remain-murky","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=47090","title":{"rendered":"Canada and US say they are finalising a trade deal, but details remain murky"},"content":{"rendered":"<p>US trade representative Jamieson Greer (right) said the deal eliminates several trade irritants that the Americans had with Canada.<\/p>\n<p>Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success.<\/p>\n<p>Trump said the proposed deal will be welcomed by US farmers and manufacturers, while Carney said it will secure &quot;the best terms&quot; for Canada&#039;s strategic sectors and provide certainty on the future of US-Canada trade.<\/p>\n<p>Trade negotiators met on Wednesday for the third time in as many days after Trump paused a new wave of tariffs he had threatened to impose overnight on a range of Canadian goods.<\/p>\n<p>But details on what the agreement covers, what concessions both sides have made, and what still needs to be ironed out, remain unclear.<\/p>\n<p>Speaking to reporters on Wednesday after a 45-minute meeting with his Canadian counterpart, US Trade Representative Jamieson Greer said the Americans are &quot;very happy&quot; and the deal eliminates &quot;some of the irritants&quot; the US had with Canada.<\/p>\n<p>&quot;We feel confident that we&#039;ve reached an agreement that will not only continue to protect American workers, American jobs, American supply chains, but really strengthen the North American economy,&quot; Greer said.<\/p>\n<p>He said he will soon brief Congress and US stakeholders on the deal&#039;s details.<\/p>\n<p>The BBC&#039;s Samira Hussain explains the impact of Trump&#039;s tariffs on the US<\/p>\n<p>Trump said Canada has agreed to eliminate tariffs on US farmers, though he did not specify which specific agricultural sectors would benefit.<\/p>\n<p>Asked whether the US will also reduce some tariffs it has placed on Canada, Trump said by &quot;a little bit&quot;.<\/p>\n<p>In a post on X on Wednesday, Carney said &quot;significant progress&quot; had been made and they were moving towards an agreement that addresses &quot;Canada&#039;s most important strategic sectors&quot;.<\/p>\n<p>Canada has been in pursuit of a deal that would have the US drop or reduce tariffs on its steel, aluminium, automobiles and lumber.<\/p>\n<p>The prime minister met his cabinet and leaders of Canadian provinces on Wednesday afternoon to brief them.<\/p>\n<p>Following Carney&#039;s meeting, Nova Scotia Premier Tim Houston said the prime minister asked provinces to return US alcohol to Canadian markets.<\/p>\n<p><em>Source: <a href='https:\/\/www.bbc.co.uk\/news\/articles\/c3ekl74jnk5o?at_medium=RSS&#038;at_campaign=rss' target='_blank'>Read the original article on www.bbc.co.uk<\/a><\/em><\/p>\n<h3>Additional coverage from www.bbc.co.uk:<\/h3>\n<p>US trade representative Jamieson Greer (right) said the deal eliminates several trade irritants that the Americans had with Canada.<\/p>\n<p>Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success.<\/p>\n<p>Trump said the proposed deal will be welcomed by US farmers and manufacturers, while Carney said it will secure &quot;the best terms&quot; for Canada&#039;s strategic sectors and provide certainty on the future of US-Canada trade.<\/p>\n<p>Trade negotiators met on Wednesday for the third time in as many days after Trump paused a new wave of tariffs he had threatened to impose overnight on a range of Canadian goods.<\/p>\n<p>Details on what the agreement includes have not yet been announced but reports suggest it may cover Canadian steel, aluminium and cars as well as US alcohol.<\/p>\n<p>Speaking to reporters on Wednesday after a 45-minute meeting with his Canadian counterpart, US Trade Representative Jamieson Greer said the Americans are &quot;very happy&quot; and the deal eliminates &quot;some of the irritants&quot; the US had with Canada.<\/p>\n<p>&quot;We feel confident that we&#039;ve reached an agreement that will not only continue to protect American workers, American jobs, American supply chains, but really strengthen the North American economy,&quot; Greer said.<\/p>\n<p>He said he will soon brief Congress and US stakeholders on the deal&#039;s details.<\/p>\n<p>The BBC&#039;s Samira Hussain explains the impact of Trump&#039;s tariffs on the US<\/p>\n<p>Trump said Canada has agreed to eliminate tariffs on US farmers, though he did not specify which specific agricultural sectors would benefit.<\/p>\n<p>Asked whether the US will also reduce some tariffs it has placed on Canada, Trump said by &quot;a little bit&quot;.<\/p>\n<p>In a post on X on Wednesday, Carney said &quot;significant progress&quot; had been made and they were moving towards an agreement that addresses &quot;Canada&#039;s most important strategic sectors&quot;.<\/p>\n<p>Canada has been in pursuit of a deal that would have the US drop or reduce tariffs on its steel, aluminium, automobiles and lumber.<\/p>\n<p>Under a deal that could be completed by Friday, US tariffs on Canadian steel and aluminum would reportedly be cut to 25% from 50%.<\/p>\n<p>The US may also lower its headline tariff rate on Canadian-made vehicles from 25% to 15%, according to reports from US and Canadian media.<\/p>\n<div class=\"pros-cons-box\">\n<div class=\"pros-cons-header\">CROSS-REPORT ANALYSIS: PROS &#038; CONS<\/div>\n<div class=\"pros-cons-body\">\n<div class=\"pros-side\">\n<h4>\ud83d\udfe2 PROS \/ ADVANTAGES<\/h4>\n<ul>\n<li>Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success.<\/li>\n<\/ul>\n<\/div>\n<div class=\"cons-side\">\n<h4>\ud83d\udd34 CONS \/ RISKS<\/h4>\n<ul>\n<li>Canada has been in pursuit of a deal that would have the US drop or reduce tariffs on its steel, aluminium, automobiles and lumber.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US trade representative Jamieson Greer (right) said the deal eliminates several trade irritants that the Americans had with Canada. Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney touting it as a success. Trump said the proposed deal will be welcomed by US farmers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,4,3],"tags":[69,29,33],"class_list":["post-47090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","category-important","category-technology","tag-impact-eth","tag-signal-avoid","tag-stage-stage-4"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/47090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47090"}],"version-history":[{"count":1,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/47090\/revisions"}],"predecessor-version":[{"id":47133,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/47090\/revisions\/47133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/47091"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}