Carney says he won’t sign US trade deal offered in August

The significance here is less the rejection itself than the absence of a stated path forward: Carney declined the August offer without naming terms that would make it acceptable, leaving the dispute open-ended rather than pointing to a negotiating track. For cross-border sectors whose economics hinge on U.S. market access, that ambiguity is the operative fact, since no revised framework has been put on the table. Whether Ottawa clarifies its conditions, or Washington returns with a modified proposal, is the open question worth watching.