The China Mail - Canadian negotiator says 'more work to do' on US trade deal

USD -
AED 3.672501
AFN 63.999888
ALL 81.493572
AMD 360.299231
ANG 1.789785
AOA 917.999844
ARS 1538.504102
AUD 1.420475
AWG 1.8025
AZN 1.700358
BAM 1.755348
BBD 2.014118
BDT 124.150744
BGN 1.747831
BHD 0.37735
BIF 3000
BMD 1
BND 1.281553
BOB 11.995315
BRL 5.385499
BSD 1.000013
BTN 95.207367
BWP 13.822349
BYN 2.947868
BYR 19600
BZD 2.01121
CAD 1.396455
CDF 2314.999959
CHF 0.820885
CLF 0.025025
CLP 988.120208
CNY 6.661104
CNH 6.654815
COP 3178.94
CRC 454.76167
CUC 1
CUP 24.000287
CVE 99.201725
CZK 21.73135
DJF 177.719555
DKK 6.673175
DOP 60.649847
DZD 135.212991
EGP 56.0022
ERN 15
ETB 161.149809
EUR 0.89293
FJD 2.23975
FKP 0.747647
GBP 0.746235
GEL 2.596669
GGP 0.747647
GHS 11.650351
GIP 0.747647
GMD 74.000047
GNF 8800.000173
GTQ 7.645879
GYD 209.614159
HKD 7.845485
HNL 26.999943
HRK 6.76901
HTG 131.054259
HUF 326.685502
IDR 18141
ILS 3.109045
IMP 0.747647
INR 95.19945
IQD 1514
IRR 1868414.999511
ISK 121.270346
JEP 0.747647
JMD 158.760361
JOD 0.708949
JPY 157.3875
KES 129.969799
KGS 87.447994
KHR 4072.999737
KMF 440.999859
KPW 899.999961
KRW 1335.614996
KWD 0.31082
KYD 0.833326
KZT 453.3167
LAK 22534.999703
LBP 89549.999599
LKR 332.450795
LRD 170.450306
LSL 16.62971
LTL 2.95274
LVL 0.60489
LYD 6.425009
MAD 9.833501
MDL 18.045072
MGA 4595.000019
MKD 55.021155
MMK 2099.909661
MNT 3597.883233
MOP 8.082337
MRU 40.240127
MUR 47.479527
MVR 15.449554
MWK 1735.999806
MXN 18.887075
MYR 4.0484
MZN 63.909702
NAD 16.62989
NGN 1346.86991
NIO 36.809759
NOK 9.21625
NPR 152.332146
NZD 1.773065
OMR 0.384503
PAB 1.000013
PEN 3.459755
PGK 4.49025
PHP 63.703008
PKR 276.606258
PLN 3.91825
PYG 5858.938516
QAR 3.6455
RON 4.765499
RSD 104.936973
RUB 81.260542
RWF 1475
SAR 3.7541
SBD 8.058206
SCR 13.85815
SDG 601.506766
SEK 9.8195
SGD 1.27762
SHP 0.748335
SLE 22.894317
SLL 20969.504398
SOS 571.502368
SRD 37.644501
STD 20697.981008
STN 22.3
SVC 8.749697
SYP 13001.999685
SZL 16.629869
THB 33.720498
TJS 9.190174
TMT 3.5
TND 3.0207
TOP 2.40776
TRY 49.932604
TTD 6.779691
TWD 32.625989
TZS 2643.335002
UAH 45.55389
UGX 4360.137679
UYU 40.22581
UZS 11994.999699
VES 887.479804
VND 25798.5
VUV 119.217464
WST 2.773901
XAF 585.723725
XAG 0.01949
XAU 0.000250312891
XCD 2.70255
XCG 1.802288
XDR 0.707052
XOF 585.723725
XPF 107.3023
YER 236.197004
ZAR 16.614405
ZMK 9001.20203
ZMW 20.200416
ZWL 321.999592
SSP 5745.199062
MXV 2.129221
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Canadian negotiator says 'more work to do' on US trade deal
Canadian negotiator says 'more work to do' on US trade deal / Photo: © AFP

Canadian negotiator says 'more work to do' on US trade deal

Top Canadian negotiator Dominic LeBlanc said late Friday that a US trade deal was not finalized, with just hours left until a midnight deadline when steep new tariffs are set to come into force.

Text size:

"We have more work to do. We're going to continue working up until the last minute. Our job is not finished," LeBlanc told reporters as he left the office of US Trade Representative Jamieson Greer after hours of talks.

In the latest salvo amid months of trade hostility, US President Donald Trump threatened to impose new 50-percent duties on a range of Canadian products by Wednesday.

But he issued a last-minute delay, citing major progress in talks.

Canadian negotiators have been camped out in Washington this week trying to finalize a deal that reportedly aims to address various flash points.

LeBlanc arrived with his team at Greer's office past midday on Friday, and only left around 7:30 pm (2330 GMT). Both officials also met for around three hours on Thursday.

The Canadian official's latest comments came after Trump said the United States "should be able to have a deal with Canada," citing his "good relationship" with Prime Minister Mark Carney.

Canada wants relief from Trump's tariffs on autos, steel and aluminum, which have battered Canada's economy, forced job losses, and strained what was once an ironclad trade relationship.

Details of the proposed agreement emerged this week after Carney briefed the leaders of Canada's provinces and territories.

US tariffs will likely be reduced in certain areas, but not removed entirely, with Saskatchewan's conservative Premier Scott Moe telling reporters there's no going back to the pre-Trump "status quo."

Ryan Majerus, a trade lawyer at King & Spalding, told AFP that Washington's apparent willingness to reduce the sector-specific tariffs "dramatically increases the potential of a deal."

"I think both sides want an off-ramp here," Majerus said, while noting that Ottawa was "under tremendous pressure" to get tariffs removed and the public may be unhappy with the outcome.

Canada's opposition Conservative Party was already on the offensive Friday, with its leader Pierre Poilievre saying "one-sided tariffs on Canadian industry would be a bad deal."

"Tell me how the Canadian company is supposed to compete against an American company when only our guy pays the tariff," Poilievre said.

- Booze ban -

Canada's regional leaders said the United States has been particularly irritated by one retaliatory measure: the removal of US alcohol and wine from liquor stores.

Carney on Wednesday asked the provinces to restock US booze.

Some publicly agreed, but others voiced hesitance.

Quebec Premier Christine Frechette said she wanted to study the deal before agreeing to anything, while Manitoba's left-wing Premier Wab Kinew told reporters Trump appeared "weak" and suggested Canada should "fight."

Ontario Premier Doug Ford, one of Trump's most prominent critics during the trade war, has so far stayed quiet.

Ford controls the Liquor Control Board of Ontario, one of the largest individual purchasers of US alcohol products.

Carney has repeatedly told Canadians that relations with the United States have been forever changed, regardless of what happens with an individual trade deal.

He says the country needs to diversify and reduce its reliance on the United States, which currently accounts for roughly 70 percent of Canadian exports.

Beyond the ongoing negotiations, the United States and Canada still have to agree on revisions to the North American free trade agreement, USMCA, which Trump declined to renew last month.

D.Pan--ThChM