The Zhitong Finance App learned that after weeks of intensive trade negotiations, the two sides are close to reaching a new trade agreement after the US threat of imposing 50% tariffs on Canada was temporarily lifted. Canadian Prime Minister Carney said on Wednesday that the two countries are moving towards an agreement that will strengthen “Canada's advantage” and seek more favorable terms of trade in key strategic industries.

The Zhitong Finance App learned that after weeks of intensive trade negotiations, the two sides are close to reaching a new trade agreement after the US threat of imposing 50% tariffs on Canada was temporarily lifted. Canadian Prime Minister Carney said on Wednesday that the two countries are moving towards an agreement that will strengthen “Canada's advantage” and seek more favorable terms of trade in key strategic industries.