# Why hasn't a US-Canada agreement been reached yet, given that the US has lowered its demands and made more concessions?

> Canadian Prime Minister Mark Carney said trade negotiations with the United States will intensify, reporting progress but noting key areas remain unresolved and no agreement has been reached. He said some red lines have been removed while others still need addressing. Trump said last week he expected a new agreement soon but gave no details.

- Date: 2026-11-04 · published 2026-11-04T01:05:33.801Z
- Category: trade · region North America · magnitude low
- Page: https://feedsoft.ai/events/78912-why-hasn-t-a-us-canada-agreement-been-reached-yet-given-that-the-us-has-lowered
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A US-Canada trade deal would ease tariffs that have been in place since the August breakdown, affecting canola and other agricultural trade flows. Until a framework is agreed, the outlook for Canadian canola meal and oilseed exports stays uncertain, and the currency reacts to headlines.

## Read by commodity

- USDCAD: neutral
- CANMEAL: neutral

## Sources

- fxbus.com: https://www.fxbus.com/en/news/20261104075930042055.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.