Back to mobile site

Canada reports limited progress in trade talks with US

October 28, 2026 9:14 AM EDT

Canada’s Prime Minister Mark Carney speaks with the news media in Ottawa, Ontario, Canada August 22, 2026. REUTERS/Chris Tanouye

OTTAWA, Oct 28 (Reuters) - ‌There has ​been ​limited progress in trade talks with the United States, a Canadian ‌government official with knowledge of the ⁠discussions said on Wednesday.

Reuters reported on Monday that ‌the two countries were ‌working on a deal to ease US tariffs on Canadian steel and autos.

US President ​Donald Trump's Republican Party risks losing control of Congress in next week's ⁠midterm elections and tariffs on Canadian imports have become a political ​liability for Trump, with Republican candidates in border states calling for an ​end to the trade ‌war with Canada.

The latest talks have focused on tariffs imposed under ⁠Section 232 of US trade law, including up to a 50% tariff on Canadian steel ⁠and a 25% tariff on autos. The US ​Commerce Department, which administers the Section 232 tariffs, did not immediately respond to a request for comment.

Trump ‌on Sunday predicted the trade dispute would be resolved "soon," without providing ‌specifics. Prime Minister Mark Carney said ⁠on Monday there ‌had been "a slight ​intensification" in talks.

(Reporting by Promit Mukherjee; Writing by Caroline StaufferEditing by Tomasz ‌Janowski)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Donald J. Trump