Trade
Trump and Carney in Talks on Trade Ahead of G-7 Summit
Mark Carney speaks at an ArcelorMittal Dofasco steel facility in Hamilton, Ontario.
Photographer: Christopher Katsarov Luna/BloombergUS President Donald Trump and Canadian Prime Minister Mark Carney have been in direct contact trying to reach a trade deal, but the two sides still have work to do to find agreement, according to people familiar with the discussions.
Trump is planning to attend the Group of Seven leaders’ summit in Canada that begins June 15, and some Canadian officials hope to reach a deal to lower or eliminate tariffs before then. The US has punishing import taxes in place on Canadian-made steel, aluminum and autos, and Canada has imposed retaliatory tariffs on a range of American-made goods.