US President Donald Trump has said that a trade agreement with Canada could be reached “pretty soon,” offering a possible sign of progress in the ongoing trade dispute between the two neighbouring countries. Trump made the remarks at a political rally in Port Huron, Michigan, on 25 October 2026, while campaigning ahead of the US midterm elections.
Trump defended his administration’s tariffs on Canadian goods, arguing that the measures had strengthened Washington’s negotiating position. He also claimed that Canadian officials were prepared to make significant concessions, although he did not provide specific details about the proposed agreement.
The dispute escalated after trade negotiations broke down in August, prompting additional tariffs and retaliatory measures on both sides of the border. The tensions have affected industries closely integrated across the US-Canada border, particularly automotive manufacturing, while raising concerns about costs for businesses, workers and consumers.
Canadian Prime Minister Mark Carney’s government has not publicly confirmed the terms of any new agreement. Until both sides announce a formal deal, questions remain over tariffs, market access and the future of the United States-Mexico-Canada Agreement (USMCA).
🎙️ In this episode: We examine Trump’s latest comments, the continuing US-Canada trade dispute, the economic consequences of tariffs, and what a potential agreement could mean for North American businesses and consumers.
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