Trump Halts Trade Talks with Canada as Deal Nears Completion

Prime Minister Mark Carney of Canada stated that negotiations with the United States were nearing completion when President Donald Trump abruptly terminated trade talks on October 27, 2025. Carney revealed that the discussions had been “very detailed, very specific, very comprehensive,” focusing on key issues such as steel, aluminum, and energy trade.

During a press briefing at the ASEAN summit in Kuala Lumpur, Carney expressed concern over the sudden halt in negotiations and noted that he had not communicated with Trump since the talks were cut off. The prime minister indicated that significant progress had been made prior to Trump’s decision.

Trump’s rationale for ending the discussions centers on an anti-tariff advertisement run by the Ontario government in U.S. markets. The advertisement reportedly prompted Trump to impose a new 10 percent tariff on top of existing levies on Canadian goods, a move announced shortly after he halted the talks.

The U.S. president, who is attending the same ASEAN summit as Carney, indicated he does not plan to meet with the Canadian prime minister soon. Trump stated that he is satisfied with the current trade arrangement between the two nations.

The breakdown in talks has raised concerns about the future of trade relations between Canada and the United States, two countries that are heavily intertwined economically. Trade discussions had been seen as an opportunity to stabilize and improve these relations, especially in sectors critical to both economies.

As the situation evolves, many are watching closely to see how this development will affect not only trade policies but also broader economic ties between the two countries. The implications of this abrupt shift in negotiations could have lasting effects on industries reliant on cross-border trade.