Canadian Prime Minister Mark Carney is set to meet US President Donald Trump in South Korea. Photo: AP PHOTO

Canadian Prime Minister Mark Carney has expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminium with the United States, saying "I wouldn't overplay it".

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The Globe and Mail, citing sources familiar with the matter, said the agreement could be ready for Carney and US President Donald Trump to sign at the Asia-Pacific Economic Cooperation summit later this month in South Korea.

Trump imposed tariffs on Canadian steel, aluminium and ca

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