World June 18, 2026 04:12 PM

Carney: Detailed, Technical Trade Discussions Held with U.S. Officials at G7

Canadian leader says talks with U.S., including President Trump, covered commercial and sector-specific issues as USMCA renewal deadline looms

By Priya Menon
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Canadian Prime Minister Mark Carney said he and his team engaged in multiple detailed technical discussions on trade with U.S. officials during the G7 summit, including conversations with President Donald Trump. Carney described the exchanges as highly detailed and noted that issues such as forestry trade were on the agenda. The three nations face a July 1 deadline to approve renewal of their existing trade pact or begin a 10-year exit process that would allow time for changes.

Carney: Detailed, Technical Trade Discussions Held with U.S. Officials at G7
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Key Points

  • Carney and his team held multiple detailed, technical trade discussions with U.S. officials at the G7, including conversations with President Donald Trump.
  • Trade in forestry products was explicitly identified by Carney as an area Canada and the U.S. can work on.
  • The existing trade agreement requires approval of a renewal by July 1 or a party must signal intention to exit, which would start a 10-year withdrawal process and allow time for alterations.

June 18 - Canadian Prime Minister Mark Carney said on Thursday that he and members of his delegation held a succession of trade-focused discussions with U.S. officials at this week’s G7 summit in France, including engagements that involved President Donald Trump.

Speaking to reporters at an event in Vancouver, Carney characterized the talks as "a series of technical conversations" and emphasized their depth and specificity. He said the exchanges addressed a range of commercial subjects and stressed that the discussions were detailed in nature.

Carney said he had "a number of conversations with the president in parallel in the last few days at the G7 on a range of issues, including some of the commercial aspects." He reiterated that it was "no secret" President Trump has expressed unhappiness with the current trade arrangement between Canada, the United States and Mexico.

The Prime Minister noted that there are several practical areas where Canada and the United States can work together, explicitly citing trade in forestry products as one topic covered during the discussions.


Carney’s comments came as the three countries face a procedural deadline tied to their existing trade pact. The current agreement requires approval of a renewal by July 1, or alternatively for a country to signal its intention to exit. If a party signals an intention to leave, the process to withdraw would extend over 10 years - a timeline that would provide a window for potential alterations to the compact.

President Trump said on Wednesday that the United States would do better without a renewed United States-Mexico-Canada Agreement and that he would prefer not to have a new one, while also stating he remained open to negotiating one. That position was noted by Carney in describing the tenor of the G7 discussions.

Carney’s description of the meetings as technical and detailed indicates an emphasis on specific commercial matters rather than solely political rhetoric. The Vancouver remarks underlined both the narrow areas of negotiation - such as forestry goods - and the looming procedural choices related to the pact’s renewal or the initiation of a long exit timeline.

Details on any concrete outcomes from the summit conversations were not provided in Carney’s remarks.

Risks

  • Uncertainty over whether a renewed United States-Mexico-Canada Agreement will be approved, given President Trump’s stated preference to do without a new deal - this creates procedural and policy uncertainty for sectors tied to trade.
  • If a country signals intent to exit the pact, a 10-year withdrawal timeline would begin - introducing long-term uncertainty for agreements and contracts dependent on the existing framework.
  • Limited public detail on concrete outcomes from the G7 discussions leaves outstanding questions about near-term policy changes and sector-specific measures, including forestry trade.

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