Carney to hold news conference with update on Canada-U.S. trade

By Canadian Press on August 22, 2025.

OTTAWA — Prime Minister Mark Carney is set to hold a news conference in Ottawa today at noon ET, after meeting with his cabinet this morning.

Carney is expected to provide an update on Canada-U.S. trade, but his office would not confirm reports that he will announce Ottawa will remove some retaliatory tariffs on American products that comply with the Canada-United States-Mexico Agreement.

Canada imposed 25 per cent tariffs on a long list of American goods in March, including oranges, alcohol, clothing and shoes, motorcycles and cosmetics.

Carney spoke with U.S. President Donald Trump by phone on Thursday.

A readout from Carney’s office describes the meeting as “productive and wide-ranging.”

It says the leaders talked about trade challenges and the new economic and security relationship between the two countries.

This report by The Canadian Press was first published Aug. 22, 2025.

Kyle Duggan, The Canadian Press

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