Canada's Carney reports progress in trade talks with U.S.

TORONTO — Canadian Prime Minister Mark Carney said Nov. 1 he had a constructive conversation with U.S. President Donald Trump about a potential trade deal, with negotiators set to work toward an agreement in the coming weeks as the countries seek to resolve their bitter trade dispute just days before the U.S. midterm elections. Trump subsequently said both sides had “the concept" of a mutually beneficial deal. Carney said the conversation built on recent discussions about the outlines of a deal that would create jobs, lower costs for families and protect Canada’s languages, culture and sovereignty. “Our teams will now be working in the coming weeks to deliver that outcome,” Carney wrote on social media. Hours later, after landing in Iowa for a rally, Trump said, “We have the concept of a very good deal with Canada.” “We’ve been losing money for many years with Canada, many many years,” he said. “So we have — we are now very close to having a deal.” .@POTUS: "We have the concept of a very good deal with Canada... We are now very close to having a deal." https://t.co/EJ5Bufuq41 — Rapid Response 47 (@RapidResponse47) November 1, 2026 The U.S. president mentioned speaking with Carney on Oct. 31 and said the possible agreement is “going to be great for our farmers, great for our country, and it’ll be fine for Canada.” Trump said the negotiations involved construction of the Keystone XL pipeline and prospects that the agreement could erase tariffs paid by U.S. farmers for Canadian products. “Part of the agreement is that our…

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