Carney's second visit to the White House comes ahead of a review next year of the free trade agreement, which is critical to Canada's economy. More than 77% of Canada's exports go to the U.S.
There is fear in Canada over what will happen to the U.S.-Mexico-Canada Agreement. Carney is looking to get some relief on some sector-specific tariffs, but expectations are low.
“Improving relations with the White House ahead of the USMCA review is certainly an objective of the trip, but opposition parties and part of the Canadian public will criticize Prime Minister Carney if he doesn’t achieve some progress on the tariff front at this stage,” said Daniel Béland, a political science professor at McGill University in Montreal.
Trump said Monday that he anticipated Carney wanted to use the meeting to discuss trade.
“I guess he’s going to ask about tariffs, because a lot of companies from Canada are moving into the United States,” Trump, a Republican, told reporters after signing an executive order related to Alaska. “He’s losing a lot of companies in Canada.”
The ties between the two countries are without parallel. About $2.5 billion (nearly $3.6 billion Canadian) worth of goods and services cross the border each day. Canada is the top export destination for 36 U.S. states. There is close cooperation on defense, border security and law enforcement, and a vast overlap in culture, traditions and pastimes.
About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports are from Canada.
Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security.
