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Trump Says He Is in "No Rush" to Resume Trade Talks With Canada
Speaking to reporters at the White House on Oct. 5, Trump said he is in "no rush" to resume trade negotiations with Canada, keeping pressure on Ottawa as the tariff standoff continues.
Why it matters
The White House is signalling it is comfortable letting the tariff standoff with Canada drag on. With no new talks scheduled and fresh tariff threats on the table, businesses across the deeply integrated US-Canada supply chain face months more uncertainty.
Full report
US President Donald Trump said on Monday, Oct. 5, that he is in "no rush" to resume trade talks with Canada, telling reporters at the White House that Washington is not treating an early agreement with Ottawa as a priority. Asked whether he would restart negotiations before the US midterm elections, he gave no timeline.
Trump accused Canada of treating the United States poorly, saying the country "behaves very badly" in trade and imposing tariffs on the US that he said were not widely known. He said Canada does most of its business with the United States, and that Washington's main demand is that Ottawa be "honest" in its dealings.
The remarks echo what US Trade Representative Jamieson Greer told CNBC in September: there is "no urgency" to reach a deal, and Washington remains comfortable while still receiving Canadian oil, gas and potash. Talks collapsed in late August after both sides walked away from what each called unacceptable terms; the US then imposed 50% duties on roughly $28 billion of Canadian goods on Aug. 22, and Canada began collecting retaliatory tariffs on Sept. 8. Reuters has reported that Washington also threatens 50% tariffs on Canadian autos, parts and steel from January.
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