Canada and the United States say they are close to finalising a trade deal, though key details remain unclear as a new weekend tariff deadline approaches.
Canada and the United States say they are in the final stages of negotiating a trade deal, but the specifics remain unclear, according to the BBC.
Prime Minister Carney hailed “significant progress” in the talks, as the two countries seek to hammer out final details of an agreement.
The push to conclude a deal comes ahead of a new weekend tariff deadline, which is adding pressure to the negotiations.
While both sides have signalled optimism about reaching an agreement, the BBC reports that details of what the deal would contain have not been made clear.
The outcome of the talks could shape trade relations between the two countries as the deadline nears.
Why it matters
Trade between Canada and the United States is deeply intertwined, so any new deal or the failure to reach one before the tariff deadline could affect businesses and consumers on both sides of the border. The uncertainty over details means the practical impact remains hard to gauge.