{"id":99763,"date":"2025-07-28T16:08:09","date_gmt":"2025-07-28T16:08:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/99763\/"},"modified":"2025-07-28T16:08:09","modified_gmt":"2025-07-28T16:08:09","slug":"carney-says-canadas-trade-situation-with-u-s-differs-from-that-of-the-eu","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/99763\/","title":{"rendered":"Carney says Canada\u2019s trade situation with U.S. differs from that of the EU"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/3XVY6YC5XZGMDLJZFVKBZ5ZNEA.JPG?auth=729a48d263fbdf5992fc3166211f043c49bd53e119a64bae3e4ca40c204ab650&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Prime Minister Mark Carney listens as President Donald Trump speaks during a group photo at the G7 Summit, in June.Mark Schiefelbein\/The Associated Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Prime Minister <a href=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\">Mark Carney<\/a> says Canada\u2019s trade talks with the U.S. have a different context than those the Trump administration is holding with other countries, adding that negotiations toward reaching a new deal by Aug. 1 continue. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney was responding to news Sunday that the U.S. had struck a <a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-us-european-union-trade-deal-tariffs\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/politics\/article-us-european-union-trade-deal-tariffs\/\">framework trade deal<\/a> with the <a href=\"https:\/\/www.theglobeandmail.com\/topics\/european-union\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/european-union\/\" target=\"_blank\">European Union<\/a> that imposes a 15-per-cent U.S. tariff on most EU goods, including autos, and leaves 50-per-cent levies on steel and aluminum shipments from the continent.<\/p>\n<p class=\"c-article-body__text text-pr-5\">U.S. President <a href=\"https:\/\/www.theglobeandmail.com\/topics\/donald-trump\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/donald-trump\/\">Donald Trump<\/a> has said he will hike <a href=\"https:\/\/www.theglobeandmail.com\/topics\/tariff\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/tariff\/\">tariffs<\/a> on goods from Canada not covered by the North American free trade pact if Ottawa and Washington cannot reach a deal by Friday. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/world\/article-trump-canada-us-trade-deal\/\" rel=\"nofollow noopener\" target=\"_blank\">Trump says trade deal with Canada may not be reached<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney was asked after an announcement in P.E.I. Monday whether Canadians should expect a deal that mirrors the <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-us-eu-trade-deal-tariffs-goods-trump-van-der-leyen\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-us-eu-trade-deal-tariffs-goods-trump-van-der-leyen\/\">one struck with the EU<\/a>.<\/p>\n<p class=\"c-article-body__text text-pr-5\">He said the EU\u2019s relationship with the U.S. is similar to Canada\u2019s in some ways, but there are also differences \u2013 geography, of course, as well as America\u2019s need to buy energy from Canada, rather than sell it. <\/p>\n<p class=\"c-article-body__text text-pr-5\">That makes trade talks different, he said. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThere is a landing zone that\u2019s possible, but we have to get there, and we\u2019ll see what happens.\u201d<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney also restated that it may not be possible to strike a deal with the U.S. that includes the removal of tariffs. <\/p>\n<p class=\"c-article-body__text mv-16 l-inset text-pb-8\" data-sophi-feature=\"interstitial\"><a href=\"https:\/\/www.theglobeandmail.com\/politics\/opinion\/article-carney-trump-trade-deal-us-tariffs-concession\/\" rel=\"nofollow noopener\" target=\"_blank\">Opinion: Mark Carney faces the politics of concession<\/a><\/p>\n<p class=\"c-article-body__text text-pr-5\">Prior to his remarks on the trade talks, the Prime Minister announced that the toll on the Confederation Bridge between Prince Edward Island and New Brunswick is being cut from more than $50 to $20 as of Aug. 1. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The government is also cutting fares on regional ferries by 50 per cent. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney promised both measures during the spring election campaign.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Prime Minister Mark Carney listens as President Donald Trump speaks during a group&hellip;\n","protected":false},"author":3,"featured_media":99764,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2147,50,80],"class_list":{"0":"post-99763","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-canada","9":"tag-news","10":"tag-politics"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114931728551043772","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/99763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=99763"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/99763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/99764"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=99763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=99763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=99763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}