‘We’re very close,’ LeBlanc says after meeting with Greer on trade deal
Canadian and U.S. officials are nearing a trade agreement following intense negotiations over potential tariffs. The deal reportedly includes reductions in steel, aluminum, and auto tariffs, alongside discussions on softwood lumber.
Why it matters
A successful trade deal would stabilize the North American economy and mitigate the threat of significant tariffs on Canadian exports.
Canada and the United States are “very close” to finalizing a trade deal , Canada-U.S. Trade Minister Dominic LeBlanc said after a meeting with U.S. Trade Representative Jamieson Greer on Thursday.
After weeks of intense trade talks with the United States, which came with the threat of sweeping 50 per cent tariffs from U.S. President Donald Trump hanging over the Canadian economy, the two sides appear to be closing in on a trade deal.
“We’re very close, we continue to make progress,” LeBlanc told reporters in Washington, D.C., adding that he had “long, detailed” talks with Greer and other American officials.
LeBlanc was accompanied by Canada’s chief trade negotiator Janice Charette, who remains in Washington to finalize the finer points of the deal.
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