Carney Says Canada-US Tariff Deal ‘Possible’ by Next Week

Oct. 21, 2025, 3:12 PM UTC

Prime Minister Mark Carney says it’s “possible” that a trade deal will be reached with the US ahead of the Asia-Pacific Economic Cooperation summit next week.

Speaking to reporters Tuesday morning, Carney said Canada is in “intensive negotiations” with the US and that he expects to see President Donald Trump at the summit in Gyeongju, South Korea.

“It’s possible, but we’ll see,” Carney said on the potential for a deal. Still, he emphasized the importance of his government’s talks with Asian nations, including China, as Canada looks to diversify its trade beyond the US.

Canadian Prime Minister Mark Carney speaks during a meeting with US President Donald Trump in the White House on Oct. 7.
Photographer: Shawn Thew/EPA/Bloomberg

Meanwhile, Dominic LeBlanc, Canada’s ...

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