Canada’s former chief trade negotiator says he doesn’t expect Ottawa to reach a tariff deal with Washington before the U.S. midterm elections.
Steve Verheul says while there could be a window ahead of the midterms this fall when the U.S. administration is looking for a win, he thinks it’s more likely that negotiations stretch into next year.
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He says he doesn’t think anything close to a good deal for Canada has been put on the table so far and he questions whether the agreements other countries have signed with the United States will stand the test of time.
Verheul led talks for Canada during the renegotiation of the North American free trade pact in U.S. President Donald Trump’s first term.
He was speaking today at an event for Bank of Montreal clients charting the trade outlook ahead of July 1, when the review of the Canada-U.S.-Mexico agreement on trade formally kicks off.
Verheul says the trade deal shields most Canadian exports from U.S. tariffs which is a good sign the pact still offers benefits to the United States.
The Art Carney of the Deal is dragging the country down into the underground liquid sanitation system.
Another year or two and he will probably be floating where the Turdeau was when he got flushed
The Liberal Party may be a dumpster fire of incompetence and failure but at least they are consistent !
Most lost jobs in the auto sector as Carney has failed to get a deal on sectoral tariffs in over a year. Carney should fall on his sword and resign.
Huge strikeout by Carney. During the election he boasted to get it done by end of July 2025. That was almost a year ago. All hat and no cattle.
@Ben
So you are saying that It’s the Conservatives fault Canada is not in a better position with tariff negotiations?
The Liberals stole the Conservative platform for the last election. In addition to Stealing the platform they also said Carney was the better man for hard nosed negotiations with Trump.
All the Conservative are saying is Carney is a total Butt kissing wimp. But he IS willing to make Liberal executive members with massive operations in China richer.
Carney totally oversold himself. A year later, nothing has been accomplished. Didn’t he state he “understood Trump” and was the only guy that would get it done? He didn’t get it done.
If only Poilievre and the conservatives supported Team Canada the USA would know we are a united country!
Carney has totally dropped the ball. He promised a deal with Trump almost a year ago
Liberals aren’t even talking with Mexico and US on CUSMA trade. Carney is 91 percent invested in US and it doesn’t benefit his stocks locked in with Brookfield til 2031 to get an agreement.
Great guess from a former negotiation failure. Guess he predicted it will be brighter in the day time and darker at night. What a wonderful piece of journalism.
How many jobs will Canada lose before they work out a trade deal?
No surprise
The Carney government hasn’t even tried properly negotiating