CP24·3 min read·medium

Donald Trump says deal could come ‘soon’

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Luca Caruso-Moro, Jeremie Charron
Donald Trump says deal could come ‘soon’
AI Summary

U.S. President Donald Trump expressed optimism about reaching a trade deal with Canada soon, despite criticizing the country for historical trade imbalances. Negotiations remain ongoing following a breakdown in formal talks in August.

Why it matters

The trade relationship between the U.S. and Canada is vital for North American economic stability, and ongoing tensions regarding CUSMA have significant implications for cross-border commerce.

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U.S. President Donald Trump predicted his administration could reach a trade deal with Canada “fairly soon,” after repeating claims his country had been “ripped off” by its northern neighbour.

Trump made the comment while taking questions from reporters in Ireland alongside that country’s Taoiseach, or prime minister, Micheál Martin. A journalist had asked if he is considering withdrawing from the Canada-U.S.-Mexico trade agreement, known as CUSMA.

“We’re going to have a great relationship with Mexico. We actually have a good one with Canada, but the United States has been ripped off for 50 years by Canada,” he said.

“We don’t need their product, and they need our product. They do all of their business almost with us and we do very little with them.”

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