The Japan Times - Canadian negotiator says 'more work to do' on US trade deal

EUR -
AED 4.292815
AFN 76.558763
ALL 92.706899
AMD 426.786644
ANG 2.091835
AOA 1071.757796
ARS 1752.039854
AUD 1.630081
AWG 2.105238
AZN 1.99154
BAM 1.952867
BBD 2.353105
BDT 142.769721
BGN 1.982653
BHD 0.44066
BIF 3482.919251
BMD 1.168765
BND 1.482661
BOB 13.49556
BRL 6.006872
BSD 1.168435
BTN 111.821511
BWP 15.656355
BYN 3.495421
BYR 22907.791044
BZD 2.349941
CAD 1.609799
CDF 2658.940455
CHF 0.936657
CLF 0.027171
CLP 1069.373549
CNY 7.855561
CNH 7.85545
COP 3566.941756
CRC 531.696994
CUC 1.168765
CUP 30.972269
CVE 110.74093
CZK 24.133363
DJF 207.713349
DKK 7.481311
DOP 68.73552
DZD 155.191693
EGP 59.448669
ERN 17.531473
ETB 188.346913
FJD 2.607402
FKP 0.857036
GBP 0.856803
GEL 3.044679
GGP 0.857036
GHS 12.977796
GIP 0.857036
GMD 85.908717
GNF 10255.911967
GTQ 8.916496
GYD 244.450813
HKD 9.164578
HNL 31.444261
HRK 7.541577
HTG 152.860447
HUF 362.895688
IDR 20628.465835
ILS 3.491339
IMP 0.857036
INR 111.855262
IQD 1531.666335
IRR 1606584.162089
ISK 141.713189
JEP 0.857036
JMD 185.437559
JOD 0.828701
JPY 185.834021
KES 151.297059
KGS 102.208935
KHR 4727.654224
KMF 493.219176
KPW 1051.888708
KRW 1622.059056
KWD 0.360218
KYD 0.973729
KZT 537.962135
LAK 26326.428635
LBP 104662.892651
LKR 384.647433
LRD 212.306581
LSL 18.729502
LTL 3.451059
LVL 0.706975
LYD 7.433789
MAD 10.803771
MDL 20.114621
MGA 5054.908378
MKD 61.420932
MMK 2453.862449
MNT 4203.877301
MOP 9.43545
MRU 46.891288
MUR 54.468814
MVR 18.057859
MWK 2028.976181
MXN 19.772288
MYR 4.720061
MZN 74.661139
NAD 18.729502
NGN 1572.577458
NIO 42.89802
NOK 10.874159
NPR 178.912325
NZD 1.954457
OMR 0.449677
PAB 1.16843
PEN 3.919746
PGK 5.161504
PHP 72.071929
PKR 324.453448
PLN 4.31584
PYG 7038.430289
QAR 4.260193
RON 5.257981
RSD 117.37793
RUB 96.63036
RWF 1718.084328
SAR 4.385004
SBD 9.387821
SCR 16.075821
SDG 703.016353
SEK 11.059442
SGD 1.483985
SHP 0.865898
SLE 28.755901
SLL 24508.413601
SOS 667.953392
SRD 44.144681
STD 24191.072651
STN 24.894691
SVC 10.222512
SYP 15196.280459
SZL 18.729501
THB 38.195666
TJS 10.778821
TMT 4.090677
TND 3.386501
TOP 2.814105
TRY 56.147893
TTD 7.924997
TWD 37.219361
TZS 3097.224557
UAH 52.20948
UGX 4345.990167
USD 1.168765
UYU 46.998417
UZS 13852.201383
VES 910.447072
VND 30533.981685
VUV 138.15445
WST 3.175153
XAF 654.967822
XAG 0.01694
XAU 0.000254
XCD 3.158646
XCG 2.105838
XDR 0.826377
XOF 653.928133
XPF 119.331742
YER 277.08497
ZAR 18.722468
ZMK 10520.29035
ZMW 22.17142
ZWL 376.341805
  • RBGPF

    -0.7900

    68.56

    -1.15%

  • CMSC

    -0.1780

    21.102

    -0.84%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • BCE

    -0.0700

    23.71

    -0.3%

  • BCC

    0.7000

    82.47

    +0.85%

  • BTI

    -0.4900

    56.21

    -0.87%

  • RIO

    3.1300

    105.3

    +2.97%

  • AZN

    1.4900

    165.98

    +0.9%

  • RELX

    0.5300

    35.91

    +1.48%

  • NGG

    -0.8600

    79.76

    -1.08%

  • GSK

    0.4500

    52.41

    +0.86%

  • JRI

    -0.0300

    12.38

    -0.24%

  • VOD

    -0.0500

    15.96

    -0.31%

  • RYCEF

    -0.1700

    20.25

    -0.84%

  • BP

    -0.3800

    44.76

    -0.85%

Canadian negotiator says 'more work to do' on US trade deal
Canadian negotiator says 'more work to do' on US trade deal / Photo: Amid FARAHI - AFP

Canadian negotiator says 'more work to do' on US trade deal

Top Canadian negotiator Dominic LeBlanc said late Friday that a US trade deal was not finalized, with just hours left until a midnight deadline when steep new tariffs are set to come into force.

Text size:

"We have more work to do. We're going to continue working up until the last minute. Our job is not finished," LeBlanc told reporters as he left the office of US Trade Representative Jamieson Greer after hours of talks.

In the latest salvo amid months of trade hostility, US President Donald Trump threatened to impose new 50-percent duties on a range of Canadian products by Wednesday.

But he issued a last-minute delay, citing major progress in talks.

Canadian negotiators have been camped out in Washington this week trying to finalize a deal that reportedly aims to address various flash points.

LeBlanc arrived with his team at Greer's office past midday on Friday, and only left around 7:30 pm (2330 GMT). Both officials also met for around three hours on Thursday.

The Canadian official's latest comments came after Trump said the United States "should be able to have a deal with Canada," citing his "good relationship" with Prime Minister Mark Carney.

Canada wants relief from Trump's tariffs on autos, steel and aluminum, which have battered Canada's economy, forced job losses, and strained what was once an ironclad trade relationship.

Details of the proposed agreement emerged this week after Carney briefed the leaders of Canada's provinces and territories.

US tariffs will likely be reduced in certain areas, but not removed entirely, with Saskatchewan's conservative Premier Scott Moe telling reporters there's no going back to the pre-Trump "status quo."

Ryan Majerus, a trade lawyer at King & Spalding, told AFP that Washington's apparent willingness to reduce the sector-specific tariffs "dramatically increases the potential of a deal."

"I think both sides want an off-ramp here," Majerus said, while noting that Ottawa was "under tremendous pressure" to get tariffs removed and the public may be unhappy with the outcome.

Canada's opposition Conservative Party was already on the offensive Friday, with its leader Pierre Poilievre saying "one-sided tariffs on Canadian industry would be a bad deal."

"Tell me how the Canadian company is supposed to compete against an American company when only our guy pays the tariff," Poilievre said.

- Booze ban -

Canada's regional leaders said the United States has been particularly irritated by one retaliatory measure: the removal of US alcohol and wine from liquor stores.

Carney on Wednesday asked the provinces to restock US booze.

Some publicly agreed, but others voiced hesitance.

Quebec Premier Christine Frechette said she wanted to study the deal before agreeing to anything, while Manitoba's left-wing Premier Wab Kinew told reporters Trump appeared "weak" and suggested Canada should "fight."

Ontario Premier Doug Ford, one of Trump's most prominent critics during the trade war, has so far stayed quiet.

Ford controls the Liquor Control Board of Ontario, one of the largest individual purchasers of US alcohol products.

Carney has repeatedly told Canadians that relations with the United States have been forever changed, regardless of what happens with an individual trade deal.

He says the country needs to diversify and reduce its reliance on the United States, which currently accounts for roughly 70 percent of Canadian exports.

Beyond the ongoing negotiations, the United States and Canada still have to agree on revisions to the North American free trade agreement, USMCA, which Trump declined to renew last month.

H.Hayashi--JT