Canada, US to start trade talks in May: Carney [Video]

Canada and the United States will start talks on a new trade deal in early May, Prime Minister Mark Carney said Friday, warning President Donald Trump’s trade war was already hitting Canada’s labor market.

Carney made the comments in Ottawa after pausing his campaign ahead of Canada’s April 28 election to meet cabinet members working on US relations.

In his one phone call with Trump since taking over as prime minister on March 14, Carney and the president agreed Washington and Ottawa would discuss future trade relations after the election.

Carney on Friday confirmed those talks would begin within weeks.

He said he was working to ensure the next Canadian government “will be in the best possible position for negotiations with the United States, which, as the president and I have agreed, will begin from the start of May.”

Carney added that Friday’s meeting addressed reaction to the escalating global …