Canada and the U.S. will launch a new round of trade talks in May: Carney said that Trump's tariffs have impacted Canada's economy.

Canadian Prime Minister Carney confirmed on Friday, April 11, that Canada and the United States will initiate a new round of trade talks early in May to reach a new trade agreement. Carney warned that U.S. President Trump's tariff increase measures have directly impacted Canada's economy.

Agence France-Presse reported that the new round of trade talks between the U.S. and Canada will be launched immediately after the Canadian federal election on April 28. Carney hopes to continue as prime minister after the election and lead the negotiation process.

Current Liberal Party leader Carney has suspended his campaign activities on Friday and convened the cabinet team to focus on discussing U.S.-Canada trade issues. He stated that the high tariffs implemented by the U.S. are putting immense pressure on Canada's industries.

It is reported that Carney and Trump reached an agreement in mid-March to resume contact after the election and thereby start negotiations. Carney told reporters in Ottawa on Friday that he is committed to "ensuring Canada is in the best possible position for the upcoming negotiations with the U.S." and reiterated that the negotiations will begin early in May, stating that this is "our consensus with President Trump."

Carney pointed out that Trump's trade war has brought "early signs of a global economic slowdown" and has severely impacted Canada's job market.

Despite Trump's policy shift on Wednesday, several tariffs imposed on Canadian automobiles, steel, aluminum, and other products remain in place. One direct consequence is that the global automotive giant Stellantis has shut down a factory near the U.S.-Canada border in early April, resulting in the unemployment of thousands of employees.

As the United States' largest trading partner, Canada has taken countermeasures against U.S. tariffs.

Canada is about to hold an election. Polls show that Mark Carney's Liberal Party remains in the lead and is likely to continue governing. His main opponent is Conservative Party leader Poilievre, who hopes to end the Liberal Party's fourth consecutive term in office.

Source: https://www.toutiao.com/article/1829181519234059/

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