US and Canada to strike trade deal as early as next week? ...Middle East

Hoekstra noted that "I am optimistic about where this relationship is and I’m more optimistic about where I believe this relationship is going". That got the audience going even if he was light on any details about the situation.

And despite the idea of Trump possibly doubling tariffs, the report cites a top source in Ottawa as saying that "there is a hopeful scenario in which there could be a deal, but the next 48 to 72 hours will be crucial". Another source added "the target from the Carney team is to have a deal before the G7".

As for any deal here, I would imagine it being an outline or framework about a new deal in general rather than an outright renegotiation of the USMCA. But we'll see.

This article was written by Justin Low at www.forexlive.com.

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