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Carney Trump Trade Talks

Canada and the U.S. move to intensify negotiations after Trump’s tariff threat.

July 21, 2026 · Updated Jul 21, 7:03pm ET

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What happened

Canadian Prime Minister Mark Carney said he and U.S. President Donald Trump agreed to intensify trade negotiations in the coming weeks after Washington announced additional 50% tariffs on certain Canadian goods. Carney said the talks will focus on a trade agreement involving Canada, the United States and Mexico, and that Canadian negotiators would accelerate work with their U.S. counterparts. Trump also renewed pressure on Canada from the Oval Office, saying “they need us to survive,” while Carney said Ottawa would consider all options if the tariffs take effect.

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