# Canada-U.S. trade talks heat up

> Canadian Prime Minister Mark Carney says trade talks with the U.S. have become more intense after a weekend call with President Trump, and that Washington has dropped demands that crossed Canada's red lines. Trump said a deal is coming very soon, but tariffs on both sides remain in place until terms are agreed and published.

- Date: 2026-11-04 · published 2026-11-04T21:08:52.036Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/80471-canada-u-s-trade-talks-heat-up
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A deal could lift the 50% U.S. tariff on about $27.6 billion of Canadian goods and remove Canada's counter-tariffs, which would ease trade frictions for agricultural and feed-related exports. Until terms are public, the tariff uncertainty keeps the Canadian and U.S. trade outlook unsettled.

## Read by commodity

- USDCAD: neutral

## Sources

- money.ca: https://money.ca/news/economy/canada-us-trade-deal-tariffs-carney-trump

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