Canada and US say they are finalising a trade deal, but details remain murky

What the report says

Canada and the United States said they are moving toward a trade agreement after several days of intense talks, although major details of the package have not been disclosed. The discussions involved US President Donald Trump, Canadian Prime Minister Mark Carney, US Trade Representative Jamieson Greer and Canadian ministers, with negotiators meeting repeatedly in Washington. The talks gained urgency after Trump paused a fresh round of threatened tariffs on Canadian goods.

According to the reporting, both sides presented the negotiations as constructive. Trump said the deal would benefit US farmers and manufacturers, while Carney said it would protect Canada’s strategic sectors and bring more certainty to cross-border trade. Greer said the agreement would remove some long-running irritants for the US and help support American workers and supply chains. He also said he would brief Congress and stakeholders once the details are clearer.

The substance of the deal remains unclear, including which tariffs may be reduced and what concessions each country has made. Trump suggested Canada would drop tariffs on some US farm products and said US tariffs on Canada could be cut slightly. Canada, meanwhile, has been seeking relief for steel, aluminium, autos and lumber. Canadian officials said the dairy supply management system will stay intact, despite US pressure for more access. The talks matter because the two economies are deeply linked, and further tariff escalation could affect manufacturers, farmers and consumers on both sides of the border.