Canada’s aluminium & steel sector could witness demand optimism & job security if trade talks succeed amidst ongoing tariff dispute
Kirsten Hillman, Canada's ambassador to the United States, expressed confidence that the two countries could successfully reach a trade agreement within the 30-day deadline set during last week's G7 summit in Kananaskis, Alberta. This was announced right after a disappointing outcome at the G7 summit, where Canada had signalled to take stricter action against the US.
Hillman stated it is "too soon to tell" whether all US tariffs on Canadian goods will be lifted and declined to clarify whether the federal government would accept the continuation of any tariffs. She emphasised that Canada is advocating for "open trade and stability" to support Canadian workers and businesses.
"We can't do anything to force the US side to come to a deal, but we do think we have a good path forward if we're able to take it. These are things that will work themselves out in the next number of weeks," added Kirsten Hillman. Sharing the same positive attitude, Prime Minister Mike Carney had also expressed somewhat positive sentiment regarding the 30-deadline set by Canada.
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