President Donald Trump said on Tuesday that the United States is close to reaching a trade deal with Canada soon, and that the agreement would include Canadian fertilizer entering the United States without tariffs.
Trump made the remarks in an interview on Fox and Friends on Fox News on Tuesday, 3 November, US Election Day. “Canada is very good, we’re going to make a deal with Canada very soon. We’re going to make a great deal,” Trump said, according to Reuters.
He said that as part of that deal, Canada was going to give fertilizer to the United States without any tariffs. The report did not give further detail on how a fertilizer arrangement would work, what volumes it would cover, or when it would take effect.
What happened before Tuesday’s remarks
The remarks follow a Sunday conversation between Trump and Canadian Prime Minister Mark Carney about a trade deal. Trump said after that call that a deal would be “great for our farmers,” while Carney said on X that their teams would now be working in the coming weeks to deliver that outcome.
That timing matters. The United States and Canada have imposed billions of dollars in tariffs on each other in recent months, and Reuters noted that tariffs on Canada have emerged as an issue in northern US border states such as Michigan and Maine ahead of Tuesday’s midterm elections.
Fertilizer is a direct farm cost, so a tariff-free supply line would matter most to US farmers — the group Trump pointed to when he described the prospective deal. But the Reuters report does not say Canada has publicly confirmed the fertilizer term, and it does not describe a signed agreement.
What is not yet known
No deal has been announced as signed, and no text, timetable or detailed terms were reported on Tuesday. The fertilizer point, as reported, is Trump’s description of what a future deal would include, not a confirmed joint announcement.
Readers should also be careful about the distinction between a leader saying a deal is close and a deal being concluded. Trade negotiations between the two countries have produced sharp changes of tone before, and Tuesday’s remarks do not by themselves settle tariff levels, exemptions or enforcement.
What to watch next
The next concrete step to watch is whether Canadian officials confirm the fertilizer element, whether either government publishes terms or a timetable, and whether the teams Carney referred to produce an outcome in the coming weeks. Until then, the verified facts are narrow: Trump said a deal is close, he linked it to tariff-free fertilizer, and both leaders said their teams would keep working.
Sources
Reuters, 3 November 2026: Trump says US is close to making a trade deal with Canada — https://www.reuters.com/world/us/trump-says-us-is-close-making-trade-deal-with-canada-2026-11-03/
ANews, 3 November 2026: Trump says US is close to making a trade deal with Canada (Reuters syndication) — https://www.anews.com.tr/americas/2026/11/03/trump-says-us-is-close-to-making-a-trade-deal-with-canada
FAQ
Has the US-Canada trade deal been signed? No. Trump said on 3 November that a deal is close and coming “very soon.” No signed deal or published text was reported.
What did Trump say about fertilizer? He said that as part of the deal, Canada was going to give fertilizer to the United States without any tariffs. No volumes, dates or mechanics were reported.
What did Carney say? After Sunday’s call, Carney said on X that the two teams would work in the coming weeks to deliver an outcome. The Reuters report does not record a Canadian confirmation of the fertilizer term.
