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Live Updates  >  Live Update Details

2026-11-02 07:44:24

[Trump and Carney say US-Canada trade deal "very close," working toward mutually beneficial outcome in coming weeks] (1) US President Donald Trump said after meeting with Canadian Prime Minister Mark Carney that a US-Canada trade deal is "very close." Trump said "we have a concept of a very good deal with Canada" and reiterated that the US has been "losing money for years" in trade with Canada; Carney said the two sides will work toward a "mutually beneficial" outcome in the coming weeks. (2) Amid Tuesday's US midterm elections and the risk of Republican control of Congress, the two gave their most optimistic outlook since negotiations broke down in August. (3) Carney posted on social media earlier Sunday that he had spoken with Trump and that the two sides reached a consensus on the framework of the agreement based on "recent constructive discussions"; the agreement will create jobs, improve family affordability, and "fully respect Canada's language, culture and sovereignty." Carney said the two teams will work toward this goal in the coming weeks.

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