Canada, US to start trade talks in May: Carney

Canada's Prime Minister Mark Carney connected Parliament Hill successful Ottawa. Photo: Dave Chan / AFP
Source: AFP

Canada and the United States volition commencement talks connected a caller commercialized woody successful aboriginal May, Prime Minister Mark Carney said Friday, informing President Donald Trump's commercialized warfare was already hitting Canada's labour market.

Carney made the comments successful Ottawa aft pausing his run up of Canada's April 28 predetermination to conscionable furniture members moving connected US relations.

In his 1 telephone telephone with Trump since taking implicit arsenic premier curate connected March 14, Carney and the president agreed Washington and Ottawa would sermon aboriginal commercialized relations aft the election.

Carney connected Friday confirmed those talks would statesman wrong weeks.

He said helium was moving to guarantee the adjacent Canadian authorities "will beryllium successful the champion imaginable presumption for negotiations with the United States, which, arsenic the president and I person agreed, volition statesman from the commencement of May."

Carney added that Friday's gathering addressed absorption to the escalating planetary commercialized war, with China saying Friday would it rise its tariffs connected US goods to 125 percent -- astir matching the staggering 145 percent level imposed connected Chinese goods coming into America.

Carney warned the commercialized struggle was starring to "tightening successful fiscal conditions, the archetypal signs of slowing successful the planetary economy" and antagonistic impacts "in the Canadian labour market."

Canadian exports successful the car sector, steel, aluminum and prime different goods are presently taxable to US tariffs. Thousands of Canadian car workers person had their hours cut.

Canada, America's largest trading partner, has retaliated with levies connected prime US products.

Current polls bespeak Carney's Liberal Party is connected way to triumph the upcoming election, but the outlook could displacement successful the campaign's last weeks.

The absorption Conservatives, led by Pierre Poilievre, importune voters volition yet recoil astatine the imaginable of a 4th consecutive Liberal authorities owed to vexation with surviving costs that soared during erstwhile premier curate Justin Trudeau's decennary successful power.

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Source: AFP