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At close · Thu, Jul 23, 2026
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HomeForexCentral BanksCanada wants a comprehensive USMCA deal, but will cons…

Canada wants a comprehensive USMCA deal, but will consider options

Prime Minister Mark Carney said Canada is not rushing a limited trade deal and is prepared to act if talks stall or additional US tariffs are imposed.

Canadian Prime Minister Mark Carney said negotiations with the United States are still active as Canada seeks a comprehensive USMCA agreement rather than settling for a limited or partial deal.

Forexlive reports that Carney characterized discussions as constructive and focused on protecting Canada’s most important economic sectors, signaling a firm negotiating stance in Ottawa.

The comments also indicate Canada is prepared to consider all options if talks stall or if additional U.S. tariff measures are imposed, leaving open the possibility of escalation in trade terms.

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