U.S. tariffs on certain Canadian sectors will likely remain in place even with a re-negotiated United States-Mexico-Canada Agreement (USMCA) in 2026, Prime Minister Mark Carney says.
Carney made the comments at an Oct. 10 press conference, saying approximately 85 percent of trade with the United States remains tariff-free, and “one of the possibilities” is that this would continue under a revised USMCA deal.
“But what’s also very clear is that there are certain sectors—steel, aluminum, autos, forest products, pharmaceuticals—the Americans have decided are strategic, and they have trade actions against everybody in the world,” Carney said.
The prime minister said Canada is negotiating “specific sectoral deals” with the United States, and these would “likely persist” with a revised USMCA deal….