Prime Minister Mark Carney, after a meeting with Canada’s political leaders, downplayed the chances of success in talks aimed at reaching a trade deal with President Trump.

Canadian Prime Minister Mark Carney on Tuesday rejected the idea that the country would agree to a rushed trade deal with the United States. The Trump administration implemented an Aug. 1

Trump’s tariffs on Canadian steel and aluminum, autos and goods not covered by the U.S.-Mexico-Canada trade agreement have upended the status quo. He has threatened to raise some of those tariffs to 35 percent by Aug. 1. Canada sends more than 75 percent of its exports to the U.S.

The border crossing to Canada from Point Roberts, Wash. Tariffs of 35 percent on Canadian goods, if applied widely, could cause serious harm to Canada’s export-dependent economy.

He later exempted goods covered by the U.S.-Mexico-Canada Trade Agreement, which was negotiated during Mr. Trump's first term. It's unclear whether the same exemption will apply to next month's 35 ...

“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians,” Canadian Finance Minister François-Philippe Champagne said in a statement Sunday night.

OTTAWA, June 29 (Reuters) - Canada scrapped its digital services tax targeting U.S. technology firms late on Sunday, just hours before it was due to take effect, in a bid to advance stalled trade ...

Update: Trade talks resumed after Canada dropped plans for a digital services tax. Read more here. Our earlier story is below. President Trump says he's "terminating all discussions on trade with ...

Toronto — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. President Donald Trump said ...

Canada proceeds with digital services tax despite Trump's threat to terminate trade talks, as tech companies face a 3% tax on revenue from Canadian users retroactive to 2022.

OTTAWA—Canada’s economy shrank in April and likely did so again in May, leaving it tracking toward a modest contraction for the quarter as activity continues to be dampened by trade ...