- President Donald Trump and Prime Minister Mark Carney presented the proposed agreement as a success, with Trump highlighting benefits for US farmers and manufacturers and Carney citing greater certainty for Canada’s strategic sectors.
- US Trade Representative Jamieson Greer said the deal removes several US trade irritants and will strengthen North American supply chains, with details set to be briefed to Congress and stakeholders.
- Canada is seeking lower US tariffs on steel, aluminium, automobiles and lumber, while the US is seeking fewer Canadian retaliatory tariffs, greater dairy access and an end to provincial restrictions on US alcohol sales.
- Canada’s dairy supply-management system will remain intact, and the unresolved details leave the final balance of concessions unclear ahead of the tariff pause deadline.
Quotes
“We feel confident that we've reached an agreement that will not only continue to protect American workers, American jobs, American supply chains, but really strengthen the North American economy”
“We are now moving towards an agreement that reinforces that Canadian advantage, including by securing the best terms in each of Canada's most important strategic sectors and providing greater certainty about our future trading relationship”