UK deal that will slash trade barriers on goods from both countries, but leaves the future of tariffs on British steel up in the air.The Prime Minister said the move marked a “very important day” for both sides as the US president announced the agreement was “done” in a joint appearance on the sidelines of the G7 summit in Canada.

President Trump and Canadian Prime Minister Carney held a bilateral meeting at the G7 summit in Alberta, Canada, where the two planned to discuss trade among other global issues.

If there is a shared mission at this year’s G7 summit, which begins Monday in Canada’s Rocky Mountains, it is a desire to minimize any fireworks at a moment of combustible tensions.

Trump said a trade deal between the United States and Canada is possible, but he and Carney have different approaches.