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Carney plays down chances of Canada-US trade deals in key sectors

- - Carney plays down chances of Canada-US trade deals in key sectors

ReutersDecember 18, 2025 at 10:04 PM

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Canada's Prime Minister Mark Carney makes an energy-related announcement at the Calgary Chamber of Commerce in Calgary, Alberta, Canada November 27, 2025. REUTERS/Todd Korol

OTTAWA, Dec 18 (Reuters) - Canadian Prime Minister Mark Carney ​on Thursday said a planned ‌trade deal with the United States ‌on key sectors was unlikely, saying the issue would be covered in a planned review ⁠of the ‌United States-Canada-Mexico trade pact next year.

The two sides ‍had been close to a deal to address U.S. tariffs on ​steel, aluminum and autos but ‌President Donald Trump froze the talks in October over an anti-tariff advertisement issued by Ontario's provincial government.

"My judgment is ⁠that that is ​now going to ​roll into the broader USMCA negotiation. So we're less ‍likely, we're ⁠unlikely, given the time horizons coming together, to have ⁠a sectoral agreement," Carney told reporters.

(Reporting ‌by David Ljunggren; Editing ‌by Chizu Nomiyama )

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