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PM Carney Takes Lead in U.S. Trade Talks Amid Tariff Threats

Published July 25, 2026 at 8:32 AM UTC

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Prime Minister Mark Carney is personally steering negotiations with Washington after the United States signaled new tariffs on Canadian exports. The talks, which began late last week, aim to head off levies that could hit key sectors including steel, aluminum, and automotive parts. Business leaders and provincial premiers have been closely watching the discussions, as a trade dispute would disrupt supply chains and raise costs for consumers on both sides of the border. Carney's background as a former central banker is seen as an asset in the high-stakes economic talks. The White House has cited national security concerns, but Canadian officials argue the tariffs would violate trade agreements. The negotiations are expected to continue through the week, with both sides under pressure to reach a deal before the tariff deadline.