Hey squad 👋 The recent White House meetup between US President Donald Trump and Canadian PM Mark Carney wrapped up without a concrete tariff deal. Local media say the talks were "successful and substantive," but there's no signed agreement yet.
Dominic LeBlanc, Canada's Trade Minister, is sticking around Washington to keep negotiations rolling—primarily on steel, aluminum and energy. No word on new timelines, so industries are still on the edge.
Why it matters to us in South & Southeast Asia: Tariffs on steel and aluminum can ripple through global supply chains. Whether you're into smartphone assembly in Vietnam, building eco-friendly EVs in Thailand, or budgeting for new infrastructure in India, rising raw-material costs could stoke price hikes.
Ontario Premier Doug Ford wants Canada to "hit back" with counter-tariffs, while Conservative Leader Pierre Poilievre slams the PM for "no victory, no deal." Chances are we'll see more back-and-forth before any breakthrough.
Stay tuned for updates—this trade saga is far from over! 🔄🌏
Reference(s):
Tariff deal remains elusive after Trump's meeting with Canadian PM
cgtn.com
