Carney, boosted by majority government in Canada, aims for US trade deal
Canadian Prime Minister Justin Trudeau aims to renegotiate a trade deal with the US, addressing tariffs on Canadian steel, aluminum, and autos. Trudeau's majority government gives him the mandate to make potentially unpopular concessions to secure a revised deal.
Canadian Prime Minister Justin Trudeau faces his biggest challenge after securing a majority government: redefining trade with the US under President Donald Trump. Canada must agree by July 1 to keep the current deal, renegotiate, or face annual reviews until 2036. Trudeau will push for a revised deal addressing US tariffs on Canadian steel, aluminum, and autos. Canadians' top concerns are the economy and inflation, followed by the country's relationship with the US. Trudeau has signed over 20 economic deals in the last year, but Canada still sends nearly 70% of its exports to the US. The US and Canada have not held formal talks on renewing the North American free trade agreement.
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