The Japan Times - Trump talks up Canada trade deal chances with 'world-class' Carney

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Trump talks up Canada trade deal chances with 'world-class' Carney
Trump talks up Canada trade deal chances with 'world-class' Carney / Photo: Jim WATSON - AFP

Trump talks up Canada trade deal chances with 'world-class' Carney

President Donald Trump said Canadian Prime Minister Mark Carney would be "very happy" after their trade talks at the White House Tuesday, but offered no immediate concessions on lifting steep US tariffs.

Text size:

Striking a friendly tone in the Oval Office, Trump praised Carney as a "world-class leader" adding that the former central banker was a "nice man" who can also be "very nasty."

But Carney, who faced pressure at home to get a deal during his second White House visit since taking power in April, left without any firm promises that tariffs would be lifted.

"I think they're going to walk away very happy," Trump told reporters, saying that there was "natural conflict" between the two economies, but that they had "come a long way over the last few months."

Carney said he was confident that Canada would "get the right deal" from the United States, his country's main economic partner.

The pair also shared a series of light-hearted moments, even laughing as Trump joked about a Canadian "merger" in a reference to his previous calls for Canada to become the 51st US state.

Despite the jovial tone, Trump and Carney studiously avoided giving any precise details on how they might ease US tariffs on lumber, aluminum, steel and automobiles.

On Monday, the US president announced 25 percent tariffs on all imported heavy trucks starting November 1.

A statement from Carney after the visit indicated there had been little firm agreement, saying only that both leaders recognized there were areas for competition and others where they could work together.

"We're focused on building these new opportunities," he said on X.

- 'Broken promises' -

The 60-year-old Carney entered politics less than a year ago after campaigning on his extensive crisis management experience as a way of countering Trump's tariffs and annexation threats.

But while the vast majority of Canada's trade remains protected by the USMCA, a free-trade agreement between the United States, Canada and Mexico, Trump has called for revisions when it comes up for renegotiation soon.

Seventy-five percent of Canada's exports are sold across its southern border. Canada saw its GDP decline by 1.5 percent in the second quarter, adding to the economic pressure.

Before the visit, Canada's opposition heaped pressure on Carney, as the country is the last major US ally not to seal a deal with Washington.

"If you return with excuses, broken promises and photo ops, you will have failed our workers, our businesses and our country," conservative opposition leader Pierre Poilievre wrote in an open letter to Carney on Monday.

Carney faces particular criticism for making concessions to Trump while getting little in return.

At the end of June, Carney canceled a tax targeting American tech giants under pressure from Trump, who called it outrageous. He also lifted many of the tariffs imposed by the previous government.

"Mark Carney has no choice, he must return from Washington with progress," said Daniel Beland, a political scientist at McGill University in Montreal, pointing to the steel and aluminum tariffs as key areas.

But Carney at least seemed to have negotiated the hurdle of an Oval Office visit for a second time -- one that has caused stumbles for previous visitors like Ukraine's Volodymyr Zelensky.

"These meetings can easily go off track, and everything plays out publicly," said Genevieve Tellier, a political scientist at the University of Ottawa.

K.Abe--JT