Canada ready for a trade deal with US that benefits both, Carney says

Carney says Canada is ready for a deal that benefits both Canadian and US businesses and workers.Canadian Prime Minister Mark Carney says his government is ready to sign a trade deal with the United States that benefits both countries, adding that any agreement would need to have stability and credibility.“The deal that’s possible, that’s in the interests of Canadian workers, families and businesses, is also the deal that is in the interests of American families, American businesses, American consumers, and … we’re ready to sit down and strike that deal when the Americans are ready,” Carney told reporters on Thursday in Thunder Bay, Ontario.Recommended Stories list of 4 itemslist 1 of 4Feminist icon Gloria Steinem dies aged 92list 2 of 4How much oil is going through Hormuz? Why data doesn’t match US claimslist 3 of 4Billionaire Leon Black sues US congressional panel over Epstein subpoenalist 4 of 4Deadpool-Wolverine derby in the offing as Hugh Jackman targets Norwich Cityend of listCarney’s comments come after trade negotiations between the US and Canada collapsed last month when talks were down to the wire. Since then, the US has imposed 50 percent tariffs on $20bn worth of Canadian goods, and Ottawa’s retaliatory tariffs on a similar amount will come into effect next week. The US has also threatened 50 percent tariffs on all Canadian cars and car parts from January 1.Carney dismissed recent comments by US Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent that Canada walked away from a trade deal because of domestic politics, saying in response to a question, “I don’t think, with all respect, appointed, unelected cabinet members in the United States are experts on Canadian politics.”Carney suggested there had been a recent softening in the US approach to any trade deal that could spur further discussions.“There were a few issues that the United States was arguing right up to the last hour,” he said, describing it as an “our way or the highway” attitude before talks broke down last month. “Now, they’re not,” he said. “So all of a sudden, they don’t care about Canadian language or culture and those elements. Well, if they didn’t care, they shouldn’t have kept them in the deal,” Carney said. “It’s good. We welcome that.”