USTR Greer says US has always been open to a deal with Canada; Gaps remain between the two sides

The distinction worth drawing is between process language, which has tended to precede eventual agreement, and substance language naming specific disputes, which has more often marked escalation. The open question of whether the counterpart wants to get to yes is standard pressure rhetoric and on past occasions has preceded either a concession window or a deterioration into tariff action, with the tell usually being whether concrete deadlines or specific goods get mentioned next. For the loonie and for Canadian rate expectations, the transmission runs through the trade-sensitive growth outlook rather than through any immediate flow, and the established pattern is that CAD reacts to tariff specificity and sectoral carve-outs, not to ambient negotiating tone. Follow-ons worth noting are any response from the Canadian side, which has historically been quick in bilateral disputes, and whether sector lists or timelines emerge, as that is where rhetoric has tended to convert into repricing.