Carney's final chance to convince Trump as US-Canada trade deadline looms

The negotiations are taking place ahead of a looming US-Canada trade deadline, with Carney expected to make a final effort to convince Trump that an agreement can address US concerns. The immediate objective is to avoid fresh US tariffs, according to BBC Business.

The standoff directly links Carney and Trump, while exposing companies operating across the US-Canada supply chain to the outcome. Canadian negotiators are seeking a deal, but the political room to offer concessions appears limited, creating a potential gap between what Washington wants and what Ottawa is prepared to accept.

The next catalyst is the deadline itself and any statement or proposal emerging from the talks. The key open questions are whether Canada makes enough concessions to secure an agreement, whether the US proceeds with tariffs, and which industries would be covered if negotiations fail.