Carney says renegotiating CUSMA likely won’t resolve all trade issues with U.S.

Palestine Peace Deal

• An Israeli ceasefire deal with Hamas for the Gaza Strip came into effect at noon on Friday, with the Israeli military saying troops were withdrawing to agreed-upon lines.
• A senior Hamas official, Khalil al-Hayya, said the deal included releasing around 2,000 Palestinian prisoners and opening the border crossing with Egypt.
• Despite the ceasefire announcement, Palestinians reported heavy shelling in parts of Gaza throughout Friday morning.

Carney says renegotiating CUSMA likely won’t resolve all trade issues with U.S.

• Prime Minister Mark Carney, President Donald Trump, and Trade Minister Dominic LeBlanc met at the White House on Tuesday to discuss Canada-U.S. trade relations.
• Canada sought these talks as ongoing U.S. tariffs continue to affect industries such as steel, auto, energy, and lumber despite an existing trade agreement.
• During the meeting, Trump told reporters tariffs on Canadian goods will continue, while LeBlanc pressed for tariff relief with U.S. officials.
• Carney indicated that the United States intends to maintain tariffs on specific industries, and cautioned that the forthcoming trade discussions are unlikely to address every outstanding concern.
• With formal talks on the trade agreement scheduled for next year, Canada is actively pursuing temporary arrangements in the meantime.

Trump Signs $6.1B Arctic Icebreaker Deal with Finland

• The White House will sign a memorandum of understanding with Finland to acquire four Arctic Security Cutters from Finnish shipyards, as confirmed by officials from both countries.
• This deal, valued at $6.1 billion, allows for the construction of seven additional cutters in the U.S.
• President Trump emphasized the importance of these icebreakers for national security in the Arctic.
• Finnish President Alexander Stubb stated that this agreement strengthens both countries' cooperation and is crucial for Finland's economy.

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