'I'm sure we can work something out'
Canadian Prime Minister Mark Carney and United States President Donald Trump are working on a deal that would put an end to the ongoing trade war between the two nations.
This follows a meeting between the two leaders at the 2025 G7 Leaders’ Summit in Kananaskis, Alberta.
"Prime Minister Carney and President Trump discussed immediate trade pressures and priorities for each country’s workers and businesses, and shared updates on key issues raised in negotiations on a new economic and security relationship between Canada and the U.S.," read part of a press release from the Office of the Prime Minister.
"To that end, the leaders agreed to pursue negotiations toward a deal within the coming 30 days."
Trump imposed tariffs on Canada back in March, and Canada has responded with its own tariffs on the US.
Meanwhile, Trump acknowledged that he and Carney may be approaching the issue from different perspectives.
"I think we have different concepts. I have a tariff concept. Mark has a different concept," he said, according to a report from The Washington Times.
"We’re going to see if we can get to the bottom of it. Today, I’m a tariff person. It’s simple, it’s easy, it’s precise, and it just goes very quickly. And I think Mark has a more complex idea, but also very good."
Despite this, he remains confident they could strike a deal.
"I’m sure we can work something out," he said, according to the report.
Trump arrived at the G7 Summit donning a pin with Canada and US flags, according to a report from the Hindustan Times.
The US tariffs have had a huge impact on Canadian workers and businesses, and the federal and provincial governments have made some changes to support them amid trade dispute.
The U.S. has imposed tariffs on various Canadian products, including:
An additional 25% tariff on goods that do not meet United States-Mexico-Canada Agreement (USMCA) rules of origin.
An additional 10% tariff on energy products imported from Canada that fall outside the USMCA preference.
An additional 10% tariff on potash imported from Canada and Mexico that does not qualify under the USMCA preference.
Meanwhile, Canada has implemented counter-tariffs on certain U.S. products, including:
25% on live poultry.
25% on meat and edible offal of poultry.
25% on milk and cream, not concentrated nor containing added sugar or other sweetening matter.
25% on yoghurt; buttermilk, curdled milk and cream, kefir, and other fermented or acidified milk and cream.
25% on butter and other fats and oils derived from milk; dairy spreads.
25% on cheese and curd.
25% on cane or beet sugar and chemically pure sucrose, in solid form.
The full list of U.S. products under counter tariffs from Canada is available here.
