Josh Wingrove

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Canada-U.S. trade talks collapsed over disputed deal terms, Carney's envoy says

Canada-U.S. trade talks collapsed over disputed deal terms, Carney's envoy says

US-Canada trade talks collapsed over a range of issues where the written text of a potential deal was at odds with what the Canadian side believed it had agreed to, Prime Minister Mark Carney’s top US envoy says. Mark Wiseman, Canada’s ambassador to the US, said in an interview Sunday that there was no one issue that led talks to...

US Said to Halve Tariffs on Canada Steel, Aluminum in Trade Deal

US Said to Halve Tariffs on Canada Steel, Aluminum in Trade Deal

The tentative trade deal between the US and Canada would lower tariffs on certain Canadian exports of steel and aluminum to 25%, according to people familiar with the matter. The details have yet to be finalized and are not expected to apply across the board. Different rates could apply to some derivative products that include those metals, said some of...

Canada-US Bridge Pact Omits Canada’s Debt Costs, Document Shows

Canada-US Bridge Pact Omits Canada’s Debt Costs, Document Shows

Canada and the US agreed to split the profit from a new bridge between Ontario and Michigan for 15 years — with no provision to cover Canada’s debt-service costs on the project, according to a copy of the pact seen by Bloomberg News. The agreement in principle covering the Gordie Howe International Bridge appears to contradict earlier public remarks from...

Canada, U.S. contradict each other on financial terms of Gordie Howe Bridge deal

Canada, U.S. contradict each other on financial terms of Gordie Howe Bridge deal

The US and Canada are presenting different accounts of a profit-sharing deal President Donald Trump agreed to that permits a new bridge connecting Michigan and Ontario to open later this month. The White House and the government of Prime Minister Mark Carney last Friday announced an agreement to open the Gordie Howe International Bridge after the US delayed it. Canada...

Trump privately weighs quitting CUSMA trade deal he negotiated

Trump privately weighs quitting CUSMA trade deal he negotiated

United States President Donald Trump is privately musing about exiting the North American trade pact, people familiar with the matter said, injecting further uncertainty about the deal’s future into pivotal renegotiations involving the U.S., Canada and Mexico. The president has asked aides why he shouldn’t withdraw from the agreement, which he signed during his first term, though he has stopped...

US-Canada Trade Talks Frozen as Carney Weighs DC Trip Next Week

US-Canada Trade Talks Frozen as Carney Weighs DC Trip Next Week

Trade talks between the US and Canada remain stalled, and there’s an emerging belief in both governments that key issues will be rolled into next year’s broader review of the North American trade accord, people familiar with the matter said. There have been no negotiations since US President Donald Trump’s Oct. 23 social media post that halted them, the people...

Carney Set to Meet Trump at White House Next Tuesday

Carney Set to Meet Trump at White House Next Tuesday

Canadian Prime Minister Mark Carney is scheduled to meet with US President Donald Trump in Washington on Tuesday, people familiar with the matter said, their first encounter since Carney won an election in part because of an anti-Trump message.

Trudeau, Trump Discuss Trade, Border at Crucial Mar-a-Lago Meeting

Trudeau, Trump Discuss Trade, Border at Crucial Mar-a-Lago Meeting

Canadian Prime Minister Justin Trudeau met with President-elect Donald Trump on Friday as the two leaders discussed trade, the border and fentanyl, subjects of the incoming US leader’s tariff threat on its neighbor. Trudeau and Trump spoke on a wide range of issues over dinner at Mar-a-Lago that lasted roughly three hours, two officials familiar with the meeting said. They...