Carney Pushes Back US Trade Deal Target to Aug. 1 After Trump’s 35 Percent Tariff on Canada

The Canadian prime minister had previously said the two countries are aiming to reach a new deal by July 21. 

Canadian Prime Minister Mark Carney and U.S. President Donald Trump attend a meeting with G7 leaders and guests, at the G7 summit in Kananaskis, Alta., on June 16, 2025. Kevin Lamarque/Reuters

Prime Minister Mark Carney says he will safeguard Canadian economic interests and work with Washington on a new trade deal by Aug. 1 in light of U.S. President Donald Trump’s new threat of 35 percent tariffs on Canada.

The prime minister had previously said the two countries are aiming to reach a new deal by July 21.