Carney names broad team to advise on tense US-Canada trade talks
Summary
Canada’s Prime Minister Mark Carney has created a 24-member advisory committee to prepare for difficult trade talks with the United States. The group includes politicians, industry leaders, and union representatives to help protect Canadian interests amid rising trade tensions and U.S. tariffs on Canadian goods.Key Facts
- Canada formed a 24-member advisory committee to guide its trade negotiations with the U.S.
- The committee includes former politicians from different parties and leaders from various industries such as banking, energy, agriculture, and automotive.
- The first meeting of the advisory committee is scheduled for April 27.
- Prime Minister Carney said U.S. tariffs on Canadian steel, aluminum, copper, lumber, and autos are higher than levels seen since the Great Depression.
- In response to U.S. tariffs, some Canadian provinces removed American liquor and wines from shelves, and some Canadians have avoided traveling to the U.S.
- Carney views Canada’s close economic ties to the U.S. as a vulnerability that must be fixed.
- The North American free trade agreement review is set for July, and the U.S. commerce secretary stated the current deal is bad for Americans and may end soon.
- Carney plans to update Canadians regularly and work to diversify Canada’s trade beyond the U.S.
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