The China Mail - Trump talks up Canada deal chances with visiting PM

USD -
AED 3.672956
AFN 64.505228
ALL 81.040385
AMD 377.50973
ANG 1.79008
AOA 916.999969
ARS 1404.50598
AUD 1.403519
AWG 1.8
AZN 1.696617
BAM 1.642722
BBD 2.014547
BDT 122.351617
BGN 1.67937
BHD 0.377026
BIF 2955
BMD 1
BND 1.262741
BOB 6.911728
BRL 5.200299
BSD 1.000176
BTN 90.647035
BWP 13.104482
BYN 2.868926
BYR 19600
BZD 2.011608
CAD 1.35747
CDF 2225.000264
CHF 0.77153
CLF 0.021661
CLP 855.309788
CNY 6.91325
CNH 6.908785
COP 3670.12
CRC 494.712705
CUC 1
CUP 26.5
CVE 92.896859
CZK 20.43415
DJF 177.720241
DKK 6.29349
DOP 62.625016
DZD 129.579728
EGP 46.768404
ERN 15
ETB 155.050329
EUR 0.84235
FJD 2.18585
FKP 0.731875
GBP 0.73416
GEL 2.689773
GGP 0.731875
GHS 11.005011
GIP 0.731875
GMD 73.480153
GNF 8780.000439
GTQ 7.671019
GYD 209.257595
HKD 7.817865
HNL 26.505018
HRK 6.345799
HTG 131.086819
HUF 319.612498
IDR 16789.4
ILS 3.077095
IMP 0.731875
INR 90.71835
IQD 1310.5
IRR 42125.000158
ISK 122.310218
JEP 0.731875
JMD 156.494496
JOD 0.709058
JPY 153.28804
KES 128.999901
KGS 87.449981
KHR 4029.99977
KMF 414.999995
KPW 899.999067
KRW 1445.320096
KWD 0.30695
KYD 0.83354
KZT 493.505294
LAK 21445.00001
LBP 89733.661066
LKR 309.394121
LRD 186.550156
LSL 15.859909
LTL 2.95274
LVL 0.60489
LYD 6.30377
MAD 9.13875
MDL 16.898415
MGA 4429.999957
MKD 51.905343
MMK 2099.913606
MNT 3568.190929
MOP 8.053234
MRU 39.905016
MUR 45.709754
MVR 15.459761
MWK 1736.498954
MXN 17.18487
MYR 3.915006
MZN 63.897938
NAD 15.959808
NGN 1351.219876
NIO 36.714952
NOK 9.491225
NPR 145.034815
NZD 1.65331
OMR 0.384496
PAB 1.000181
PEN 3.354948
PGK 4.183501
PHP 58.210158
PKR 279.599936
PLN 3.55107
PYG 6605.156289
QAR 3.64125
RON 4.286501
RSD 98.87949
RUB 77.096736
RWF 1452.5
SAR 3.750421
SBD 8.048395
SCR 13.923955
SDG 601.500709
SEK 8.896815
SGD 1.26201
SHP 0.750259
SLE 24.250448
SLL 20969.499267
SOS 571.501804
SRD 37.777031
STD 20697.981008
STN 20.95
SVC 8.752
SYP 11059.574895
SZL 15.86027
THB 31.040991
TJS 9.391982
TMT 3.5
TND 2.83525
TOP 2.40776
TRY 43.636199
TTD 6.783192
TWD 31.351501
TZS 2590.153989
UAH 43.034895
UGX 3536.076803
UYU 38.350895
UZS 12300.000209
VES 388.253525
VND 26000
VUV 119.366255
WST 2.707053
XAF 550.953523
XAG 0.011844
XAU 0.000197
XCD 2.70255
XCG 1.802643
XDR 0.685659
XOF 549.498647
XPF 100.7501
YER 238.40052
ZAR 15.87941
ZMK 9001.197564
ZMW 19.029301
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSC

    0.0084

    23.7

    +0.04%

  • CMSD

    -0.0100

    24.07

    -0.04%

  • BCC

    -0.3200

    89.41

    -0.36%

  • AZN

    11.3600

    204.76

    +5.55%

  • RIO

    2.2800

    99.52

    +2.29%

  • GSK

    -0.3300

    58.49

    -0.56%

  • RELX

    -1.5600

    27.73

    -5.63%

  • NGG

    1.8800

    90.64

    +2.07%

  • BCE

    -0.1800

    25.65

    -0.7%

  • BTI

    0.1400

    60.33

    +0.23%

  • RYCEF

    -0.4800

    16.93

    -2.84%

  • JRI

    0.3500

    13.13

    +2.67%

  • VOD

    0.4300

    15.68

    +2.74%

  • BP

    1.5800

    38.55

    +4.1%

Trump talks up Canada deal chances with visiting PM
Trump talks up Canada deal chances with visiting PM / Photo: © AFP

Trump talks up Canada deal chances with visiting PM

President Donald Trump struck a friendly tone with Canadian Prime Minister Mark Carney Tuesday, hailing progress towards a trade deal but offering few concrete concessions on steep US tariffs.

Text size:

Trump repeatedly showered praise on "great leader" Carney, who was under pressure at home to show progress from his second visit to the White House since taking office in April.

"I think they're going to walk away very happy," Trump told reporters as he sat alongside Carney in the Oval Office. "And I think we've come a long way over the last few months, actually, in terms of that relationship."

Trump said that the North American neighbors had "natural conflict" over business as their manufacturers were competing for the same market but said there was "nothing wrong with it."

Carney said he was confident that Canada would "get the right deal" from the United States, his country's main economic partner.

The pair shared a series of light-hearted moments, even laughing as Trump joked about a Canadian "merger" in a reference to his previous calls for Canada to become the 51st US state.

"He is a world-class leader," Trump said of the former central banker. "He's a nice man, but he can be very nasty."

But Trump and Carney studiously avoided giving any precise details on how they might ease US tariffs on lumber, aluminum, steel and automobiles. On Monday, the US president announced 25 percent tariffs on all imported heavy trucks starting November 1.

The 60-year-old Carney entered politics less than a year ago after campaigning on his extensive crisis management experience as a way of countering Trump's tariffs and annexation threats.

But while the vast majority of Canada's trade remains protected by the USMCA, a free-trade agreement between the United States, Canada and Mexico, Trump has called for revisions when it comes up for renegotiation soon.

Seventy-five percent of Canada's exports are sold across its southern border. Canada saw its GDP decline by 1.5 percent in the second quarter, adding to the economic pressure.

- 'Broken promises' -

Before the visit Canada's opposition heaped pressure on Carney, as the country is the last major US ally not to seal a deal with Washington.

"If you return with excuses, broken promises and photo ops, you will have failed our workers, our businesses and our country," conservative opposition leader Pierre Poilievre wrote in an open letter to Carney on Monday.

Carney faces particular criticism for making concessions to Trump while getting little in return.

At the end of June, Carney canceled a tax targeting American tech giants under pressure from Trump, who called it outrageous. He also lifted many of the tariffs imposed by the previous government.

"Mark Carney has no choice, he must return from Washington with progress," said Daniel Beland, a political scientist at McGill University in Montreal, pointing to the steel and aluminum tariffs as key areas.

But Carney at least seemed to have negotiated the first hurdle of an Oval Office visit.

While the Canadian safely navigated his first appearance there six months ago, Trump has previously savaged visiting foreign leaders in the gilded room, including Ukraine's Volodymyr Zelensky.

"These meetings can easily go off track, and everything plays out publicly," said Genevieve Tellier, a political scientist at the University of Ottawa.

Last week, Trump once again brought up the possibility of annexing Canada during a speech to US generals and admirals, referencing the country's potential participation in a new "Golden Dome" missile shield.

D.Pan--ThChM