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Canada's Carney Says Progress in US Trade Talks Has Reversed, Plans Stronger Ties Elsewhere

Source
JH Kim

Summary

  • Mark Carney, Canada's prime minister, said progress in trade negotiations with the US has reversed.
  • He said Canada will focus on strengthening economic and trade ties with countries other than the US.
  • Canada said it will continue negotiations with the US while pursuing diversification of its trading partners.

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Cointelegraph reported on Aug. 24 that Canadian Prime Minister Mark Carney said progress in trade negotiations with the US had reversed. Canada plans to focus on strengthening economic and trade ties with countries outside the US.

Carney said talks between the two countries had deteriorated from earlier levels as negotiations continued.

"The progress that had been made in trade negotiations with the US has been reversed," he said. Canada will focus on strengthening ties with other countries.

The US and Canada are continuing negotiations over tariffs and trade terms. Canada plans to keep negotiating with the US while also diversifying its trading partners.

Photo: Shutterstock
Photo: Shutterstock
#Tariff
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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