Summary
President Donald Trump described trade talks between the U.S. and Canada as "complicated" but believes Canada will be pleased with a future deal. During a meeting with Canadian Prime Minister Mark Carney, both leaders expressed optimism about finding an agreement despite challenges like automotive and metal tariffs. Trump mentioned these negotiations take time due to natural competition between the two nations.
Key Facts
- President Trump called U.S.-Canada trade negotiations "complicated".
- Trump assures that Canada will be "very happy" with the final deal.
- The discussion took place during Canadian Prime Minister Mark Carney's visit to the White House.
- Trump imposed a 35% tariff on Canadian imports, with some exemptions under the USMCA agreement.
- There are additional tariffs on Canadian metals (50%) and automobiles (25%).
- The U.S. and Canada have not yet reached a new trade deal this year.
- Both leaders showed optimism about overcoming the "natural conflict" between the countries.
- Trump briefly joked about Canada becoming the 51st U.S. state, which both leaders laughed off.
