The Prague Post - Canadian negotiator says 'more work to do' on US trade deal

EUR -
AED 4.292294
AFN 76.558763
ALL 92.543258
AMD 425.668988
ANG 2.091835
AOA 1071.757796
ARS 1752.039854
AUD 1.631897
AWG 2.105238
AZN 1.99154
BAM 1.955658
BBD 2.356728
BDT 142.989582
BGN 1.982653
BHD 0.441168
BIF 3482.2463
BMD 1.168765
BND 1.484792
BOB 13.515015
BRL 6.006872
BSD 1.170115
BTN 111.979842
BWP 15.678858
BYN 3.500445
BYR 22907.791044
BZD 2.353329
CAD 1.609682
CDF 2658.940455
CHF 0.936657
CLF 0.027171
CLP 1080.391288
CNY 7.855561
CNH 7.85545
COP 3594.438126
CRC 532.461207
CUC 1.168765
CUP 30.972269
CVE 110.256967
CZK 24.133363
DJF 208.364819
DKK 7.481311
DOP 68.555005
DZD 155.237732
EGP 59.448669
ERN 17.531473
ETB 189.240713
FJD 2.56147
FKP 0.856759
GBP 0.856803
GEL 3.044679
GGP 0.856759
GHS 13.017052
GIP 0.856759
GMD 85.908717
GNF 10281.250955
GTQ 8.929349
GYD 244.802165
HKD 9.164695
HNL 31.378714
HRK 7.541577
HTG 153.078847
HUF 362.895688
IDR 20628.465835
ILS 3.491339
IMP 0.856759
INR 111.851385
IQD 1532.888321
IRR 1606584.162089
ISK 141.713189
JEP 0.856759
JMD 185.70647
JOD 0.828701
JPY 185.804438
KES 151.52896
KGS 102.208935
KHR 4723.655856
KMF 493.219176
KPW 1051.888708
KRW 1619.90849
KWD 0.360483
KYD 0.975129
KZT 538.730751
LAK 26357.079745
LBP 104787.965631
LKR 385.201936
LRD 212.374527
LSL 18.763233
LTL 3.451059
LVL 0.706975
LYD 7.436458
MAD 10.807113
MDL 20.143532
MGA 5003.635458
MKD 61.520518
MMK 2453.714692
MNT 4204.885702
MOP 9.449012
MRU 46.626603
MUR 54.468814
MVR 18.057859
MWK 2028.95218
MXN 19.772467
MYR 4.720061
MZN 74.661139
NAD 18.763233
NGN 1572.577458
NIO 43.056863
NOK 10.874159
NPR 179.167947
NZD 1.954457
OMR 0.449257
PAB 1.170115
PEN 3.922914
PGK 5.185622
PHP 72.071929
PKR 324.677545
PLN 4.31584
PYG 7048.48648
QAR 4.25369
RON 5.257981
RSD 117.35145
RUB 96.63036
RWF 1724.174385
SAR 4.396224
SBD 9.387821
SCR 16.05273
SDG 703.016353
SEK 11.059442
SGD 1.483752
SHP 0.865898
SLE 28.755901
SLL 24508.413601
SOS 668.751278
SRD 44.144681
STD 24191.072651
STN 24.498215
SVC 10.238254
SYP 15196.280459
SZL 18.750634
THB 38.621879
TJS 10.794314
TMT 4.090677
TND 3.403252
TOP 2.814105
TRY 56.15039
TTD 7.936422
TWD 37.219361
TZS 3100.974077
UAH 52.285191
UGX 4352.682884
USD 1.168765
UYU 47.066571
UZS 13871.989351
VES 910.447072
VND 30533.981685
VUV 138.518447
WST 3.174336
XAF 655.909213
XAG 0.01694
XAU 0.000254
XCD 3.158646
XCG 2.108846
XDR 0.826377
XOF 655.909213
XPF 119.331742
YER 277.08497
ZAR 18.722468
ZMK 10520.29035
ZMW 22.203382
ZWL 376.341805
  • CMSC

    -0.1780

    21.102

    -0.84%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • RELX

    0.5300

    35.91

    +1.48%

  • RBGPF

    0.0000

    68.56

    0%

  • RIO

    3.1300

    105.3

    +2.97%

  • BCE

    -0.0700

    23.71

    -0.3%

  • BTI

    -0.4900

    56.21

    -0.87%

  • GSK

    0.4500

    52.41

    +0.86%

  • NGG

    -0.8600

    79.76

    -1.08%

  • AZN

    1.4900

    165.98

    +0.9%

  • BCC

    0.7000

    82.47

    +0.85%

  • JRI

    -0.0300

    12.38

    -0.24%

  • RYCEF

    -0.2500

    20.25

    -1.23%

  • VOD

    -0.0500

    15.96

    -0.31%

  • BP

    -0.3800

    44.76

    -0.85%

Canadian negotiator says 'more work to do' on US trade deal
Canadian negotiator says 'more work to do' on US trade deal / Photo: Amid FARAHI - 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.

Y.Havel--TPP