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China Daily / 2025-06 / 25 / Page011

Scholars doubt new deal can be reached in 30 days

By YANG GAO in Toronto | China Daily | Updated: 2025-06-25 00:00
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Canadian Prime Minister Mark Carney said during the G7 summit that he and US President Donald Trump aim to reach a new trade agreement within 30 days — a goal, experts say, is unlikely to succeed.

"To have a full new trade agreement to replace CUSMA in 30 days? It's not achievable," said Julian Karaguesian, an economics professor at McGill University. The CUSMA refers to the Canada-United States-Mexico Agreement.

G7 leaders at the summit in Canada earlier this month pushed Trump to back away from his trade war.

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