Trump trade chief says Canada rejected best trade deal 'in the world'
Key Points:
- U.S. Trade Representative Jamieson Greer criticized Canada for walking away from what he called the "best deal in the world" during recent trade negotiations with the U.S., despite U.S. willingness to offer significant concessions on steel, aluminum, autos, and lumber.
- The breakdown occurred after Canadian officials, following an initial handshake agreement, returned to Ottawa and demanded additional tariff relief that the U.S. could not accommodate, leading Canada to suspend trade talks on August 21.
- Greer disputed Canadian claims that the country had been "attacked," emphasizing that most Canadian goods enter the U.S. duty-free and highlighting Canada's retaliatory trade measures against the U.S., including restrictions on dairy imports and the use of Chinese goods.
- Since the suspension of talks, Greer has received informal outreach from Canada but no formal negotiations, stating that the future of the trade deal now depends on Canada’s actions amid escalating tensions.