Overview
- Formal negotiations remain halted since late October over Ontario’s anti-tariff ad, and Prime Minister Mark Carney says he will speak with President Trump “when it’s appropriate.”
- U.S. importers and industry monitors say there has been no regulatory change and no guidance to U.S. Customs and Border Protection to apply an extra 10% duty.
- A U.S. official said the administration has opted to hold off and keep the tariff threat in reserve for future talks.
- Carney is pursuing alternatives, touting a $70 billion investment commitment from the United Arab Emirates and an agreement with Narendra Modi to restart Canada–India trade talks.
- Carney is weighing a Dec. 5 trip to Washington for the World Cup draw that could offer an informal opportunity to meet Trump.