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)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10