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4h ago

U.S. Signals No Broad Auto Deal as Canada Seeks Sector Tariff Relief

Carney says officials are in talks on targeted arrangements following his White House meeting.

Commerce Secretary Howard Lutnik makes comments after US President Donald Trump announced a trade agreement between the United States and the United Kingdom in the Oval Office of the White House on Thursday, May 8, 2025.
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U.S. Secretary of Commerce Howard Lutnick gestures, as he speaks on the day U.S. President Donald Trump (not pictured) announces a deal with Pfizer to sell drugs at lower prices, in the Oval office of the White House in Washington, D.C., U.S., September 30, 2025. REUTERS/Ken Cedeno
U.S. Secretary of Commerce Howard Lutnick joins as former hostages and family members of current hostages gather for a vigil and news conference, marking the two-year anniversary of the October 7 Hamas attacks on Israel, at the Kennedy Center in Washington, D.C., U.S., October 7, 2025. REUTERS/Annabelle Gordon

Overview

  • Multiple attendees say Commerce Secretary Howard Lutnick privately dismissed a comprehensive auto agreement and emphasized prioritizing U.S. vehicle assembly, with comments delivered under Chatham House rules.
  • Prime Minister Mark Carney said teams are negotiating terms on steel, aluminum and energy, with work continuing on auto trade modalities after his meeting with President Donald Trump.
  • Dominic LeBlanc said both sides aim to quickly land outcomes on steel and aluminum, where U.S. tariffs stand at 50%, as economywide IEEPA duties and other sector levies continue to hit Canadian exporters.
  • Ontario Premier Doug Ford threatened measures including blocking critical minerals and keeping U.S. alcohol off LCBO shelves, while Conservative Leader Pierre Poilievre criticized the lack of auto tariff relief.
  • A Canadian official said Carney raised reviving Keystone XL with Trump and described the president as receptive, a possibility characterized as exploratory rather than an active project.