The David Lin Report · Saturday, August 29, 2026
Canadian Trade Minister Dominique Leblanc described the recent trade negotiations with the U.S. as intense but ultimately unsuccessful due to last-minute terms proposed by the Trump administration. He stated that Canada could not accept what was offered and would not give what was asked.
“Um, President Trump at the end of July had threatened 50% tariffs on about 28 billion Canadian dollars of exports to the United States.”
“We were more careful. We said, we're close to a deal, we're making real progress. And on Friday night, at the deadline the president said, uh, Prime Minister Carney was unable to conclude that in totality, we had what we thought was a deal before us that would have been, uh, in the economic interest of the country.”
“We cannot accept what they offered, and we will not give what they've asked.”