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US and Canada move toward new trade deal framework

US President Donald Trump and Canadian Prime Minister Mark Carney have discussed the outline of a new bilateral trade agreement that includes cross-border energy infrastructure. Trump said the US has a “preliminary idea” for a deal that would benefit American farmers and the economy, and outlined plans to restart the Keystone XL pipeline, with Canada paying for and building it along a route chosen by the US. The original project was expected to carry 830,000 barrels of crude per day from Alberta, but its permit was revoked in 2021. South Bow, spun off from TC Energy, is working with Bridger Pipeline on the Prairie Connector proposal, a 550,000 barrels-per-day line from Alberta to Wyoming, with a final investment decision expected in 2027. The talks come as the two countries keep imposing retaliatory tariffs on each other, and Canada sends more than 90% of its crude production to the US.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Mỹ và Canada hướng tới khung thỏa thuận thương mại mới

Read the original on CafeF ↗

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