Carney’s US point says that the tariff agreement has not struck a “ impasse ”
The Minister of Commerce of Canada-US, Dominic Leblanc, said Thursday that the federal government is still not due to the hope that the two countries could conclude an agreement on the punishment of American prices before the agreement of Canada-UX-Mexico (CUSMA) arises for an exam next year.
Addressing the Senate Foreign Affairs and International Trade Committee, Leblanc said that he and other officials were in regular contact with their American counterparts to negotiate a resolution in the current commercial dispute.
“I don’t see any deadlock in these conversations,” said Leblanc.
North American trade partners have launched internal consultations on the renewal of the CUSMA – a potentially long and drawn up process which is required under the text of the agreement that US President Donald Trump led during his first mandate.
Leblanc said Canada would like to see a kind of agreement on the separate prices of the CUSMA renegotiation.
“I hope we can progress before the examination process is officially committed. But time will tell us if my optimism is lost,” said Leblanc.
Dominic Leblanc, Minister responsible for Trade in Canada-US, told a senatorial committee that conversations are continuing on American sectoral prices on Canadian goods and that there was no suggestion for these discussions to be folded in the next CUSMA review.
While some other American trade partners such as the European Union and the United Kingdom have concluded agreements with Trump by accepting growing prices on their goods, Leblanc said that Canada will accept “no agreement with a basic rate”.
Leblanc said that American companies, especially in manufacturing, see the margins erode while they pay higher prices to provide essential Canadian products such as aluminum. In 2024, Quebec alone provided 65% of American aluminum imports, according to the Association of Canada aluminum.
Leblanc said companies like Ford Motors, which is based on Canadian materials to build its popular F-150 trucks, will bow the ear of Trump administration to negotiate an agreement.
CBC News spoke to small American manufacturers and importers who are faced with enormous costs of cost due to these rates which also put pressure on Trump to take a direction.
“We are convinced that the internal pressure of senators, governors, businesses and union leaders in the United States will potentially create an opportunity for us to reach an agreement with the American administration which is in the interest of both economies,” said Leblanc.
Prime Minister Mark Carney and Trump jointly agreed to achieve a kind of agreement on prices by August – a deadline that the two parties exceeded without agreement.
Since then, the tariff pressure on Canada has only been intensifying because the Trump administration imposes its prices of article 232 on steel and aluminum and their derivatives and the automotive sector.
This week, Trump announced that the new samples of article 232 on wood and wood, kitchen cabinets, vanities and other furniture and padded products, arguing that the Canadian and other imports are a threat of “national security”.
Wood prices are particularly problematic for Canadian producers since the Americans have also imposed compensatory and anti -dumping tasks in a different tariff process.
However, Leblanc said that he hoped that the two countries could solve these commercial problems while warning that this could still be an upcoming junk road.
“The vast majority of these problems are resolved or can be considerably improved,” said Leblanc.
Canada to highlight investments in the United States
Leblanc said that it is unlikely that the Canadian-American commercial relationship “will come back to the place where we were a year ago … But I think we can be much better placed as we have found ourselves today.”
A White House official, addressing CBC News in the background last month, said there was no progress on prices because Canada “has shown a lack of seriousness in commercial discussions on several occasions with regard to the elimination of commercial barriers”.
Trump has invaded the Canada Management System for certain agricultural products such as Dairy, which he considered an obstacle to the establishment of more American agricultural goods on the Canadian market.
After reports in the Globe and Mail that Canada plans to allow more detail access to the United States dairy products as a potential concession in commercial negotiations with the United States, the Minister of Commerce Dominic Leblanc reaffirmed to farmers that the supply management system was safe.
Leblanc said Canada is determined to manage the supply, despite a world and mail report this week than the country weighs by giving us more access to dairy producers to the Canadian retail market thanks to the way the quotas are allocated.
“We indicate in private and publicly that we are not going to negotiate this,” said Leblanc about a system he described as an integral part of Canada’s economic and food security policies.
Leblanc said Trump and his team are forced to announce cases of foreign companies that make major investments in the United States
The White House website has an investment count announced to the second term of Trump.
The Minister of the Trade said that Canadian companies invest more in the United States than those of almost all other countries on earth and that there will be pressure to make this fact known in the coming weeks. “It’s a good story to tell Canada,” he said.
Conservative chief Pierre Hairy said on Thursday that Carney had been a disappointment for the American commercial file.
“He promised that he would negotiate a victory with the United States before July 21,” Hairy said at a press conference unrelated to crime. “Where’s the victory?”
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