Mark Carney warns Canada will not rush tariff deal with US despite progress in negotiations

Canadian Prime Minister Mark Carney has said Canada will not rush into a limited agreement with the United States to resolve ongoing tariff disputes.

Speaking to CBC News, Carney said a deal could be reached within days if both sides were fully engaged.

“We need a good deal at the right time, and what we don't need is chasing a small deal that disadvantages us,” he said.

The United States continues to impose tariffs on several Canadian exports, including steel, aluminium, lumber and automotive parts.

Carney added that negotiations depend on cooperation from Washington: “We could sit down this afternoon and hammer the whole thing out over the course of 10 days if the U.S. side — which has other things to do, I acknowledge that — had the bandwidth and the inclination to go through it.”

“A lot of countries rushed into deals with the U.S. They weren't really worth the paper they were written on,” he said.

Carney also spoke about his relationship with US President Donald Trump, describing their interactions as “episodic dialogs.”

On global issues, he said Canada could assist efforts in the Strait of Hormuz once conditions stabilise: “Once there is a ceasefire that has some durability … that's something we could do,” he said.