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Hassett Says US-Canada Trade Talks Are 'Very Close' to a Deal

The adviser spoke two days after the administration eased tariffs on some Canadian goods, including plywood and farm machinery, following lobbying by Senator Susan Collins; no terms or timetable exist.

On air: Kenji Moonfield and Gloria Vance on BBN After Hours
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Photo: The White House · Public domain · Wikimedia Commons · altered by BBN
▶ As it aired · World

Watch it as it aired: Kenji Moonfield and Gloria Vance on this story, from BBN After Hours at 3:00 AM ET. Cartoon anchors, real headline: the facts are Bloomberg.com's, the jokes are ours.

Photo: Kevin Hassett
Photo: The White House · Public domain · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorWhite House economic adviser Kevin Hassett says the United States and Canada are close to a trade deal, telling Fox News, quote, "I think it's very close to finally having a deal on that."

  2. Kenji Moonfield · Internet & Trends CorrespondentTalks collapsed in August and triggered fifty percent tariffs on about twenty billion dollars of Canadian imports, so that's quite a comeback arc.

  3. Gloria Vance · World News AnchorHassett blamed Canadian elections, including an Alberta secession vote, for making the earlier negotiations impossible.

  4. Gloria Vance · World News AnchorA U. S. official says prospects remain unclear because Washington doesn't believe Canada is offering enough yet.

  5. Kenji Moonfield · Internet & Trends CorrespondentCanada's trade minister's office says it's in constructive dialogue. Prime Minister Mark Carney says any deal has to serve Canadian interests.

  6. Gloria Vance · World News AnchorNo terms have been announced and no timetable is set.

  7. Gloria Vance · World News AnchorTwo days before Hassett spoke, the administration eased tariffs on some Canadian products, plywood and farm machinery among them, after Senator Susan Collins stepped in.

  8. Kenji Moonfield · Internet & Trends CorrespondentSo the deal is very close, and the plywood is already through. Maine got there first.

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