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Carney Says Trump Agreed to Pursue New U.S.-Canada Trade Pact in Coming Weeks

The effort follows an August breakdown in negotiations. The USMCA is moving into annual reviews instead of an automatic 16-year extension.

Mark Carney (AI 일러스트) / TokenPost.ai
Mark Carney (AI 일러스트) / TokenPost.ai

Canadian Prime Minister Mark Carney said Sunday that he and President Donald Trump agreed to pursue a trade pact in the coming weeks, putting U.S.-Canada relations in focus before Tuesday's midterm elections.

Carney's account follows negotiations that broke down in August. He described an effort to reach an agreement over the weeks ahead.

Separately, the United States-Mexico-Canada Agreement (USMCA) is moving into annual reviews instead of an automatic 16-year extension, a change announced by U.S. Trade Representative Jamieson Greer. TokenPost has covered the USMCA review process and related trade discussions.

The USMCA replaced the North American Free Trade Agreement and took effect in 2020. The annual reviews concern the three-country pact, while Carney described efforts toward a U.S.-Canada agreement.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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