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Trump, Carney aim to finalize Canada-U.S. trade deal by mid-July

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U.S. President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House on May 6, 2025 in Washington, DC. Carney, who was elected into office last week, is expected to meet with President Trump to discuss trade and the recent tariffs imposed on Canada (Anna Moneymaker/Getty Images).
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According to Prime Minister Mark Carney’s office, U.S. President Donald Trump has agreed to finalize a new economic and security agreement with Canada by mid-July.

In a formal summary of Carney and Trump’s G7 meeting on Monday, the two leaders agreed to begin negotiations on a deal within the next 30 days.

The summary also says Trump and Carney discussed ongoing hot topics such as critical minerals, defence, border security, and gun and drug smuggling.

Trump spoke to the media Monday morning saying that a trade deal with Canada was in the cards, even if he and Carney had differing opinions of what the deal would look like.

With files from The Canadian Press.

READ MORE: Trump and Carney discuss trade at G7 amid tensions over tariffs

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