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Economy and macroUpdated November 5

Carney says the US is asking less and offering more in trade talks.

Semafor’s wider read on US trade policy remains cautious: experts it cites said Trump was unlikely to change course, even as tariffs weighed on Republicans in the midterms. Against that backdrop, Prime Minister Carney said the US is asking less and offering more in negotiations that were once rancorous. It’s a favorable signal about the talks; tariff relief remains a hope, not a result.

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Coverage started November 5

Key Actors

  • Democratic Party
  • Donald Trump
  • White House

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