Zürcher Nachrichten - Trump talks up Canada deal chances with visiting PM

EUR -
AED 4.357777
AFN 75.353149
ALL 96.405198
AMD 446.292596
ANG 2.123692
AOA 1088.110806
ARS 1660.347415
AUD 1.677693
AWG 2.135877
AZN 1.979885
BAM 1.954892
BBD 2.38749
BDT 144.972627
BGN 1.955094
BHD 0.445093
BIF 3496.874909
BMD 1.186599
BND 1.498304
BOB 8.191193
BRL 6.193332
BSD 1.185349
BTN 107.369103
BWP 15.633735
BYN 3.397221
BYR 23257.331696
BZD 2.383992
CAD 1.615584
CDF 2675.779819
CHF 0.911824
CLF 0.025931
CLP 1023.919819
CNY 8.197794
CNH 8.1909
COP 4343.481468
CRC 574.932813
CUC 1.186599
CUP 31.444862
CVE 110.213781
CZK 24.259948
DJF 211.081905
DKK 7.470492
DOP 73.845682
DZD 153.066866
EGP 55.340865
ERN 17.798978
ETB 184.606408
FJD 2.602864
FKP 0.869168
GBP 0.869457
GEL 3.174181
GGP 0.869168
GHS 13.044938
GIP 0.869168
GMD 87.214358
GNF 10404.164906
GTQ 9.091775
GYD 247.99475
HKD 9.274846
HNL 31.319445
HRK 7.535493
HTG 155.427769
HUF 378.770598
IDR 19973.776172
ILS 3.667456
IMP 0.869168
INR 107.459555
IQD 1552.878336
IRR 49985.464355
ISK 144.966234
JEP 0.869168
JMD 185.513787
JOD 0.841286
JPY 181.411342
KES 152.848967
KGS 103.767806
KHR 4767.784283
KMF 492.438489
KPW 1067.980635
KRW 1709.72229
KWD 0.363823
KYD 0.987841
KZT 586.597393
LAK 25438.178198
LBP 106149.669409
LKR 366.529664
LRD 221.007292
LSL 19.024859
LTL 3.503717
LVL 0.717762
LYD 7.473527
MAD 10.839063
MDL 20.127646
MGA 5185.590118
MKD 61.611368
MMK 2491.129287
MNT 4232.10027
MOP 9.545964
MRU 47.243045
MUR 54.467583
MVR 18.279566
MWK 2055.44478
MXN 20.36107
MYR 4.63663
MZN 75.835758
NAD 19.024859
NGN 1605.940691
NIO 43.619729
NOK 11.295807
NPR 171.790165
NZD 1.966603
OMR 0.453969
PAB 1.185449
PEN 3.976952
PGK 5.088635
PHP 68.642943
PKR 331.531728
PLN 4.210657
PYG 7774.387034
QAR 4.320092
RON 5.092169
RSD 117.365457
RUB 91.631433
RWF 1730.595746
SAR 4.448864
SBD 9.546402
SCR 15.989569
SDG 713.74047
SEK 10.597755
SGD 1.498004
SHP 0.890256
SLE 29.012099
SLL 24882.377647
SOS 676.885433
SRD 44.798863
STD 24560.194374
STN 24.488619
SVC 10.37218
SYP 13123.275599
SZL 19.02116
THB 36.879125
TJS 11.183903
TMT 4.153095
TND 3.417712
TOP 2.857045
TRY 51.876612
TTD 8.046261
TWD 37.240145
TZS 3093.762246
UAH 51.120743
UGX 4196.049983
USD 1.186599
UYU 45.698763
UZS 14568.229754
VES 466.012934
VND 30815.964497
VUV 141.272699
WST 3.218312
XAF 655.652301
XAG 0.015541
XAU 0.000237
XCD 3.206842
XCG 2.136307
XDR 0.815421
XOF 655.652301
XPF 119.331742
YER 282.826211
ZAR 18.903287
ZMK 10680.813598
ZMW 21.543988
ZWL 382.084251
  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCE

    -0.1200

    25.71

    -0.47%

  • BCC

    -1.5600

    86.5

    -1.8%

  • CMSC

    0.0500

    23.75

    +0.21%

  • RELX

    2.2500

    31.06

    +7.24%

  • NGG

    1.1800

    92.4

    +1.28%

  • GSK

    0.3900

    58.93

    +0.66%

  • JRI

    0.2135

    13.24

    +1.61%

  • RIO

    0.1600

    98.07

    +0.16%

  • CMSD

    0.0647

    23.64

    +0.27%

  • AZN

    1.0300

    205.55

    +0.5%

  • RYCEF

    0.2300

    17.1

    +1.35%

  • VOD

    -0.0500

    15.57

    -0.32%

  • BTI

    -1.1100

    59.5

    -1.87%

  • BP

    0.4700

    37.66

    +1.25%

Trump talks up Canada deal chances with visiting PM
Trump talks up Canada deal chances with visiting PM / Photo: Jim WATSON - AFP

Trump talks up Canada deal chances with visiting PM

President Donald Trump struck a friendly tone with Canadian Prime Minister Mark Carney Tuesday, hailing progress towards a trade deal but offering few concrete concessions on steep US tariffs.

Text size:

Trump repeatedly showered praise on "great leader" Carney, who was under pressure at home to show progress from his second visit to the White House since taking office in April.

"I think they're going to walk away very happy," Trump told reporters as he sat alongside Carney in the Oval Office. "And I think we've come a long way over the last few months, actually, in terms of that relationship."

Trump said that the North American neighbors had "natural conflict" over business as their manufacturers were competing for the same market but said there was "nothing wrong with it."

Carney said he was confident that Canada would "get the right deal" from the United States, his country's main economic partner.

The pair shared a series of light-hearted moments, even laughing as Trump joked about a Canadian "merger" in a reference to his previous calls for Canada to become the 51st US state.

"He is a world-class leader," Trump said of the former central banker. "He's a nice man, but he can be very nasty."

But Trump and Carney studiously avoided giving any precise details on how they might ease US tariffs on lumber, aluminum, steel and automobiles. On Monday, the US president announced 25 percent tariffs on all imported heavy trucks starting November 1.

The 60-year-old Carney entered politics less than a year ago after campaigning on his extensive crisis management experience as a way of countering Trump's tariffs and annexation threats.

But while the vast majority of Canada's trade remains protected by the USMCA, a free-trade agreement between the United States, Canada and Mexico, Trump has called for revisions when it comes up for renegotiation soon.

Seventy-five percent of Canada's exports are sold across its southern border. Canada saw its GDP decline by 1.5 percent in the second quarter, adding to the economic pressure.

- 'Broken promises' -

Before the visit Canada's opposition heaped pressure on Carney, as the country is the last major US ally not to seal a deal with Washington.

"If you return with excuses, broken promises and photo ops, you will have failed our workers, our businesses and our country," conservative opposition leader Pierre Poilievre wrote in an open letter to Carney on Monday.

Carney faces particular criticism for making concessions to Trump while getting little in return.

At the end of June, Carney canceled a tax targeting American tech giants under pressure from Trump, who called it outrageous. He also lifted many of the tariffs imposed by the previous government.

"Mark Carney has no choice, he must return from Washington with progress," said Daniel Beland, a political scientist at McGill University in Montreal, pointing to the steel and aluminum tariffs as key areas.

But Carney at least seemed to have negotiated the first hurdle of an Oval Office visit.

While the Canadian safely navigated his first appearance there six months ago, Trump has previously savaged visiting foreign leaders in the gilded room, including Ukraine's Volodymyr Zelensky.

"These meetings can easily go off track, and everything plays out publicly," said Genevieve Tellier, a political scientist at the University of Ottawa.

Last week, Trump once again brought up the possibility of annexing Canada during a speech to US generals and admirals, referencing the country's potential participation in a new "Golden Dome" missile shield.

P.Gashi--NZN