Canadian Prime Minister Mark Carney says he and U.S. President Donald Trump have agreed to intensify trade negotiations between Canada, the U.S., and Mexico.

The Canadian leader’s carefully worded statement stopped short of threatening retaliatory tariffs but warned that the move would raise costs for American families.

Mark Carney says Canada is ready to intensify U.S. trade talks after Trump's new tariffs, calling them a USMCA violation.