WASHINGTON — Canada-U.S. Trade Minister Dominic LeBlanc expressed optimism following his recent discussions with U.S. Commerce Secretary Howard Lutnick and American lawmakers. The meetings took place in Washington, D.C., as the deadline for potential tariffs approaches next week.
President Donald Trump has warned that Canada could face tariffs as high as 35 percent if an agreement is not reached by August 1. However, the White House has clarified that goods compliant with the Canada-U.S.-Mexico Agreement will not be subject to these tariffs.
In addition to the looming tariffs, Canada is already facing existing tariffs imposed by Trump on steel, aluminum, and automobiles. New copper tariffs are also expected to take effect on August 1, further complicating trade relations.
LeBlanc emphasized that the Canadian government will take the necessary time to negotiate a favorable deal for Canadians. He indicated that a new economic and security arrangement may not be finalized by the upcoming deadline.
LeBlanc plans to return to Washington next week for further discussions. Alaska Senator Lisa Murkowski shared her hope for a restoration of normal relations with Canada but noted that she does not anticipate a deal being reached before the deadline.