US President Donald Trump said the United States and Canada have reached a trade agreement following what he described as a positive conversation with Canadian Prime Minister Mark Carney, bringing an end to weeks of tense negotiations over a threatened new round of tariffs.<\/p>\n
Trump said the agreement would remove tariffs on goods entering Canada and described the pact as a \u201cvery good\u201d deal for both countries.\u00a0<\/p>\n
ALSO READ |\u00a0Gujarat Eyes AI, Semiconductor Pacts; CM Woos Google, Micron, Perplexity During US Visit<\/a><\/p>\n He said Canada would make concessions in agriculture and manufacturing, while Washington would reduce certain tariffs on Canadian products.<\/p>\n The agreement follows a last-minute push by both sides after Trump had threatened to impose new levies on a wide range of Canadian goods from Aug. 19. Senior US and Canadian trade officials met in Washington on Wednesday as the two countries worked to finalise the terms.<\/p>\n Carney said substantial progress had been made, while acknowledging that important work remained.\u00a0<\/p>\n The two leaders spoke twice this week as negotiators sought to bridge differences that had persisted since July.<\/p>\n The deal is expected to provide broader access for US goods to the Canadian market, alongside commitments on economic security and digital trade.\u00a0<\/p>\n It also includes provisions aimed at protecting American workers and domestic markets.<\/p>\n ALSO READ |\u00a0US Solar Stocks, ETFs Soar As Trump Brings Polysilicon Under China Tariffs<\/a><\/p>\n Trump has separately suggested that the agreement could pave the way for the revival of the Keystone XL pipeline, a long-delayed project designed to transport Alberta oil to the United States.\u00a0<\/p>\n The proposed pipeline, which could carry about 8,30,000 barrels of oil a day, has faced longstanding opposition from environmental and Indigenous groups.<\/p>\n The agreement marks a significant de-escalation in trade tensions between two of the United States’ largest trading partners, after days of uncertainty over the economic impact of the threatened tariffs.<\/p>\n \n Essential Business<\/a> Intelligence,
\n Sharp Market<\/a> Insights,
\n Practical Personal Finance<\/a> Advice, Daily Fuel<\/a>, Gold<\/a> and Silver<\/a> Prices and Latest<\/a> Stories \u2014 On NDTV Profit.\n <\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump said the United States and Canada have reached a trade agreement following what he…\n","protected":false},"author":2,"featured_media":174455,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[7750,111,55545,401],"class_list":["post-174454","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-agreement","tag-mark-carney","tag-reached","tag-trade"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/174454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=174454"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/174454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/174455"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=174454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=174454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=174454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}