Trump signs UK-US trade deal during G7 summit in Canada
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Canada and the U.S. are unlikely to reach a trade deal at the G-7 summit that ends Tuesday, according to officials. Trade was the main topic of discussion when Canadian Prime Minister Mark Carney met with President Trump on Monday morning.
There was a sharp decline in the share of Canadians buying U.S. homes in Q1 2025 as the Trump administration's trade disputes took hold.
Gov. Kelly Ayotte did not personally attend, but she sent the state's Commissioner of the Department of Business and Economic Affairs to represent New Hampshire.
The leaders of India and Canada on Tuesday held their first bilateral meeting since then-Canadian Prime Minister Justin Trudeau accused New Delhi in 2023 of involvement in the killing of a Canadian Sikh separatist.
While the UK is an important trading partner for Canada, it represents only a small share of Canada's exports. In 2024, the UK represented 3.6% of exports and 1.2% of imports for the country, according to the Conference Board of Canada. Exports to the UK are mainly dominated by gold and energy products.
President Trump kicked off three days of meetings in Canada, saying 'our primary focus will be trade,' but with minimal evidence of progress to offer on long-promised deals.
The Group of 7 nations and allies from around the world are heading to a summit in Alberta in Western Canada on Sunday.
Britain and Canada will seek to revive stalled trade negotiations, Sir Keir Starmer indicated ahead of his meeting with Mark Carney in the lead-up to the G7 summit.