Canada's Prime Minister Carney says US won't dictate trade deal terms
AP News • • nation
Key Points:
- Canadian Prime Minister Mark Carney emphasized that the United States does not have the authority to dictate terms in the ongoing review of the USMCA trade agreement, highlighting the need for mutual negotiations.
- Carney acknowledged existing trade irritants on both sides and stressed that resolving these issues will require time and cooperation among the three North American countries.
- The U.S. has criticized Canada for policies such as provincial restrictions on American alcohol and high tariffs on dairy products, while also opposing Canada’s "Buy Canadian" policy favoring domestic products and workers.
- Carney defended Canada’s trade diversification efforts, including a recent deal with China to reduce tariffs on electric vehicles, aiming to mitigate the impact of U.S. tariffs on key Canadian industries like auto and steel.
- The Canadian government is committed to protecting sensitive sectors such as dairy, poultry, and eggs during negotiations and is working to strengthen the economy through new investments and international trade agreements.
