trade agreement

"One would assume" that Canada and the UK could do a free trade agreement that has been stalled, he told me.

Carney, who endorsed UK Chancellor Rachel Reeves during the British general election, said "one would think" that Canada and the UK could sign a stalled free trade agreement as part of diversifying trade, but highlighted about 95% of trade between the countries is effectively tariff-free already.

She is due to meet US Treasury Secretary Scott Bessent where she is expected to make Britain's case for a trade agreement with Washington that would lower or eliminate US tariffs on British goods.

The White House said in a statement that the talks yielded “significant progress in the negotiations” for a bilateral trade agreement, and that the sides had finalized a road map for a possible deal to reduce the tariff burden.

This was meant to show that this "deal" was not about an extensive free trade agreement, covering nearly all goods.