Canada Discussing Trade Concessions With US for Some Tariff Relief, Reports Say

Canada and the U.S. are discussing a prospective deal in which Ottawa would agree to a list of Trump administration trade demands in exchange for some relief on sectoral tariffs, the Globe and Mail reported on Friday, citing sources.

The two sides have discussed in-depth proposals and exchanged written bargaining positions, but have not yet reached an agreement, the report said.

Reuters could not immediately verify the report. The White House and Canada’s Prime Minister’s Office did not immediately respond to requests for comment.

Last month, President Donald Trump unveiled 50% tariffs on a wide range of imports from Canada to take effect on August 19. The U.S. Trade Representative’s office said the tariffs would apply to nearly $20 billion of imports from Canada.

The U.S. imported about $382 billion worth of goods from Canada in 2025.

Prime Minister Mark Carney ⁠has said he wants an overall deal, not a partial one.

Canada would concede on a range of trade issues, including the removal of retaliatory tariffs on U.S. products such as autos, the return of American alcohol to store shelves, removal of provincial procurement restrictions and agreement on the U.S. interpretation of how dairy quotas should be allocated, the Globe and Mail report said. Some issues, such as restocking American alcohol, are up to the provinces.

Canadian officials had a “constructive and detailed meeting” with U.S. Trade Representative Jamieson Greer in Washington on Thursday, said Dominic LeBlanc, the Canadian minister in ⁠charge of U.S. trade relations.

Relations between ⁠Canada and the U.S. have been fraught since Trump returned to the White House last year, slapping broad ⁠tariffs on the northern neighbor and calling for it to become the 51st U.S. state.

(Reporting by Ghosh in Barcelona; Editing by Nick Zieminski and Rod Nickel)