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Canada and US say a trade deal is close, but details are unclear

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Listen to the story

Canada and the United States are talking about a new trade deal. Canada's leader is Prime Minister Carney. He said there was 'significant progress' in the talks.

The two countries want to finish the deal before the weekend. There is a deadline for new tariffs. A tariff is a tax on goods from other countries.

Carney did not give many details about the deal. He only said the talks are going well. People do not know what is in the deal yet.

Many people want to know how the deal will affect prices and jobs. Canada and the US trade a lot of goods every year. A good deal can help both countries.

For now, the exact details remain a secret. We will learn more after the weekend deadline passes.

Vocabulary3 words

trade deal
an agreement between countries about buying and selling
deadline
the last day or time to finish something
tariffs
extra money you pay to bring goods into a country

Quiz

1. Who is Canada's Prime Minister mentioned in the story?
2. What did Carney say about the trade talks?
3. True or False: The exact details of the deal are already known.

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Canada and the United States are talking about a new _____.

Canada's leader is Prime Minister _____.

He said there was 'significant _____' in the talks.

The two countries want to finish the deal before the _____.

There is a _____ for new tariffs.

A _____ is a tax on goods from other countries.

Carney did not give many _____ about the deal.

People do not know what is in the deal _____.

For now, the exact details remain a _____.

We will learn more after the weekend deadline _____.

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