Canada Trade Negotiations: Mark Carney Will Lose Standoff with Trump

Thursday’s U.K.-U.S. trade deal may give hope to Canadian Prime Minister Mark Carney that his nation could score a similarly rapid pact. He should think again.

President Trump’s deal with Great Britain likely came so quickly because so little was truly at stake. The U.S. had an $11.9 billion trade surplus in goods with Britain in 2024. Add in the trade in services, and the U.S. surplus grew to $78 billion.

About the Author

Henry Olsen

Henry Olsen is a senior fellow at the Ethics and Public Policy Center and the author of The Working-Class Republican: Ronald Reagan and the Return of Blue-Collar Conservatism.

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Thursday’s U.K.-U.S. trade deal may give hope to Canadian Prime Minister Mark Carney that his nation could score a similarly rapid pact. He should think again.

President Trump’s deal with Great Britain likely came so quickly because so little was truly at stake. The U.S. had an $11.9 billion trade surplus in goods with Britain in 2024. Add in the trade in services, and the U.S. surplus grew to $78 billion.

About the Author

Henry Olsen

Henry Olsen is a senior fellow at the Ethics and Public Policy Center and the author of The Working-Class Republican: Ronald Reagan and the Return of Blue-Collar Conservatism.