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Saskatchewan Premier Optimistic About Canada-U.S. Trade Deal
๐Ÿ‡จ๐Ÿ‡ฆ Canada /Economy & Trade

Saskatchewan Premier Optimistic About Canada-U.S. Trade Deal

From Global News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News From a news agency Ongoing story
  • Saskatchewan Premier Scott Moe views U.S. President Trump's decision to not impose 50% tariffs on Canadian goods as positive for the province.
  • Moe hopes a new trade deal will reduce levies on key Canadian exports like steel, aluminum, lumber, and autos.
  • He acknowledged that the previous trade status quo under the Canada-United States-Mexico agreement is no longer possible.

Saskatchewan Premier Scott Moe expressed optimism regarding a potential Canada-U.S. trade deal, calling U.S. President Donald Trump's decision to refrain from imposing 50% tariffs on Canadian goods a positive development for his province. Moe stated that such significant levies would have been detrimental to businesses and the overall economy.

We need to have, in many ways, preferred market access to our largest trading partner.

โ€” Scott MoeExpressing the importance of favorable market access to the United States for Saskatchewan's economy.

Canada and the United States are currently engaged in negotiations for a new trade agreement. Moe hopes this forthcoming deal will lead to reduced tariffs on crucial Canadian exports, including steel, aluminum, lumber, and automobiles. He pointed to a sawmill in Saskatchewan that recently suspended operations as an example of the negative impact existing tariffs have already had on the province's economy.

Moe also mentioned that Prime Minister Mark Carney has requested provinces to reinstate U.S. liquor on store shelves, a measure that does not affect Saskatchewan as it never implemented a ban. "We need to have, in many ways, preferred market access to our largest trading partner," Moe told reporters, expressing his belief that this is what Canada is working to achieve.

I feel that is what weโ€™re in the process of achieving.

โ€” Scott MoeIndicating optimism about reaching a new trade agreement that provides preferred market access.

However, Moe acknowledged that the trade relationship will not revert to the status quo that existed under the previous Canada-United States-Mexico free trade agreement. He stated, "Canada will have the strongest trade agreement of any country in the world with the United States of America. But we also need to understand that the status quo that we had two years ago was not possible."

Canada will have the strongest trade agreement of any country in the world with the United States of America. But we also need to understand that the status quo that we had two years ago was not possible.

โ€” Scott MoeAcknowledging the evolving nature of the trade relationship and that a return to the previous agreement's terms is not feasible.
DistantNews Editorial

Originally published by Global News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.