Canada Adopts 'Note of Realism' in US Trade Talks, Setting Stage for Possible Tariff Deal -- Market Talk

Dow Jones

Jul 16, 2025

1413 ET - Canadian PM Mark Carney's remarks regarding the likelihood of US tariffs remaining in place regardless of a deal with President Trump indicate that the country's negotiators have embraced a "note of realism" in talks with Washington, says Mark Warner, a trade and investment lawyer with practices in Toronto and the U.S. He tells WSJ that this represents "a good sign that a deal [with Trump] is possible and maybe even probable." Carney's goal in talks on a new economic-and-security deal with Washington was to have all US tariffs lifted. Carney now says there's little evidence that countries are succeeding in securing tariff-free trade with the US, which signals he may not succeed in avoid US levies. (Paul.Vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

July 15, 2025 14:13 ET (18:13 GMT)

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Carney now says there's little evidence that countries are succeeding in securing tariff-free trade with the US, which signals he may not succeed in avoid US levies. 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Carney now says there's little evidence that countries are succeeding in securing tariff-free trade with the US, which signals he may not succeed in avoid US levies. 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Carney now says there's little evidence that countries are succeeding in securing tariff-free trade with the US, which signals he may not succeed in avoid US levies. (Paul.Vieira@wsj.com; @paulvieira) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2025 14:13 ET (18:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}