Canada-US Trade Talks Set for January
Update: 2025-12-20
Description
Canada and the U.S. to Review Trade Agreement; Canadas Economy Impacted by TariffsCanada and the U.S. are set to begin formal discussions next month to review their free trade agreement, the United States-Mexico-Canada trade pact (USMCA). This review, scheduled for 2026, will be led by Dominic LeBlanc, Canadas key person for U.S.-Canada trade relations. Canada, heavily reliant on trade with the U.S., is seeking to reduce tariffs in sectors like steel and aluminum, but tariffs are currently impacting industries such as automotive and lumber. Canada is the top export destination for 36 U.S. states, with nearly $3.6 billion Canadian dollars worth of goods and services crossing the border daily.
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