Overview

• The leaders held a working meeting and lunch on Oct. 7 with no broad agreement announced.
• Talks centered on sectoral tariffs, with Canada seeking relief from 50% steel and aluminum duties plus levies on autos, lumber and non‑USMCA goods.
• Trump said he could revisit USMCA or pursue separate bilateral "different deals" with Canada.
• Ottawa lowered expectations for a quick deal after scrapping a digital services tax and rolling back some counter‑tariffs to build goodwill.
• Experts described near‑term outcomes as modest, citing potential steel relief or tariff‑free quotas, while a new 25% U.S. tariff on heavy trucks starts Nov. 1.