Earlier today following a meeting in Washington, D.C., between Canada-U.S. Trade Minister Dominic LeBlanc and United States Trade Representative Jamieson Greer, both representatives delivered remarks to reporters.  There are no details provided, however, within his remarks, Greer says he is confident that a deal has been reached as they work to finalize the details.

USTR Greer notes the significant trade barriers between the U.S. and Canada appear to have been resolved. However, the devil is going to be in the details.  Greer noted they are putting together the documentation that will allow him to brief President Trump and congress on the proposals.  “While we certainly have eliminated some of the irritants we have had over the past several years, we are also taking a strong foot forward,” Greer remarked. WATCH:  

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Given the antagonistic nature of Canada and their dependency on retaining an assembly economy with access to the U.S. market, it will be interesting to see what non-tariff barrier positions the Canadian government is willing to put forth.

There is a lot of optimism in media surrounding the tariff pause and the remarks that have followed; but I would caution interested parties to be aware of the scale of the divide between the two sides.

President Trump’s remarks from today about the Canada-U.S. trade position are below.

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