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The Canadian prime minister said the U.S. has dropped some positions it held when negotiations broke down last month

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Canadian Prime Minister Mark Carney announced Thursday that Ottawa stands ready to conclude a trade agreement with Washington on terms favorable to both nations, while noting that the U.S. has backed away from certain positions it held when talks fell apart last month.

"The deal that's possible, that's in the interests of Canadian workers, families and businesses, is also the deal that is in the interests of American families, American businesses, American consumers, and ... we're ready to sit down and strike that deal when the Americans are ready," Carney told reporters in Thunder Bay, Ontario.