US and Canadian officials have resumed negotiations in recent weeks following the August 2026 collapse of earlier talks, with President Trump and Prime Minister Carney discussing outlines of a potential agreement to ease tariffs on steel, autos, and other goods imposed under Section 232 and Section 338 authorities. Recent modifications removed select Canadian products from the 50% tariff list effective October 30, while both sides maintain retaliatory measures affecting roughly $28 billion in bilateral trade. Progress remains limited on core issues such as auto tariff reductions and market access concessions, though Carney has noted the US side has adjusted some demands. Scheduled bilateral engagement, including possible further discussions around the APEC summit, and post-midterm political pressures continue to shape prospects for resolution.