U.S. and Canada resume trade talks

The United States and Canada are resuming negotiations to address the heavy American tariffs imposed on Canadian steel and vehicles, according to reports from multiple sources. The Trump administration had imposed 50% tariffs on Canadian steel and 25% tariffs on vehicles from Ottawa in August.

Trump seeks more concessions from Canada

According to American sources, Donald Trump is demanding more concessions from the government of Mark Carney. The Canadian prime minister acknowledged "a slight intensification" of discussions with Washington, stating that Ottawa had not changed its position.

Canadian leader hints at U.S. alignment

"If progress has been made, it is because the United States is approaching our position," he said to journalists, without providing specifics. American sources indicate that Republican candidates have called for an end to the trade war with Canada.

Trade talks continue ahead of election

A Canadian source suggests that an agreement on steel and vehicles before November 3 is likely. The American secretary of commerce Howard Lutnick and the Canadian minister of internal trade Dominic LeBlanc regularly exchange, according to one of the sources.

Canada emphasizes constructive dialogue

"Canada remains committed to constructive dialogue with its Canadian counterparts on a range of issues," said a spokesperson for Dominic LeBlanc. "We are ready to work constructively and in good faith to establish a more mutually beneficial trade relationship that respects Canada's interests."

Industry doubts depth of potential deal

A Canadian industrial source estimates that an agreement can be reached quickly but doubts it will be significant. "If this happens, it will be quick. But I have the feeling that it will be a limited agreement, if it happens at all."