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Carney and Trump are holding direct talks to drop tariffs: sources

Catharine Tunney
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Prime Minister Mark Carney and U.S. President Donald Trump are reportedly holding direct phone discussions to reach a trade deal and lift tariffs, specifically the recently doubled 50% tariffs on Canadian steel and aluminum imports. This comes after a snag in Canada-U.S. relations despite an earlier agreement to chart a new economic and security deal. Ottawa hopes to finalize an agreement before the G7 summit in Alberta, just 10 days away.

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  1. 1 This spring: Canadians went to polls, Carney and Trump agreed to chart new economic/security deal
  2. 2 Earlier this week: Trump doubled tariffs on steel and aluminum imports to 50%
  3. 3 Last month: Carney and Trump met publicly at the White House
  4. 4 Ongoing: Direct phone discussions between Carney and Trump
  5. 5 In 10 days: G7 summit in Alberta
  • Potential lifting of tariffs
  • Resolution of trade disputes between Canada and the U.S.
  • Impact on Canadian steel and aluminum industries
What: Direct discussions between Prime Minister Mark Carney and U.S. President Donald Trump to negotiate a trade deal and lift tariffs.
When: Ongoing discussions. Tariffs doubled earlier this week. G7 summit in 10 days. Article published June 5, 2025.
Where: Canada, United States, Alberta (G7 summit location).
Why: To resolve trade disputes, specifically the 50% tariffs on Canadian steel and aluminum imports, and to chart a new economic and security deal between the two countries.
How: Direct phone conversations between the two leaders.

Prime Minister Mark Carney and U.S. President Donald Trump are reportedly holding direct phone discussions to reach a trade deal and lift tariffs, specifically the recently doubled 50% tariffs on Canadian steel and aluminum imports. This comes after a snag in Canada-U.S. relations despite an earlier agreement to chart a new economic and security deal. Ottawa hopes to finalize an agreement before the G7 summit in Alberta, just 10 days away.