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Trump says US close to trade deal with Canada, Carney says work remains

By Thomson Reuters Nov 3, 2026 | 7:40 AM

WASHINGTON, Nov 3 (Reuters) – President Donald Trump said on Tuesday the United States was close to making a trade deal ​with Canada, but Canadian Prime Minister ‌Mark Carney said work remained to be done and that Washington had dropped some demands.

“Canada is very good, we’re going to make a deal with Canada ‌very ​soon. We’re going to make ⁠a great deal,” Trump ⁠said in an interview with Fox News.

Canada and the United States have slapped billions of dollars in tariffs on each other ​in recent months. The imposition of tariffs on Canada has emerged as an issue ⁠in some northern US border ⁠states like Michigan and Maine ​ahead of Tuesday’s US midterm elections.

Trump and Carney ​said on Sunday they had spoken about a trade ‌deal.

Carney said the US had withdrawn some earlier demands, including one that would have given Washington final say over any trade deals ⁠that Canada might seek to sign with other nations.

“We’ve made progress, but we haven’t finished. You know, ⁠if I ‌were to paraphrase it, it’s ⁠they’re asking less and they’re offering ​more, ‌but we’re not quite there,” he ​told a ⁠televised news conference at the end of a summit in Antigua.

(Reporting by Humeyra Pamuk, Doina Chiacu and Susan Heavey in Washington and Dadvid Ljunggren in Ottawa; Editing by Michelle Nichols and ​Jonathan Spicer )