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Geopolitics

Lessons for Canadian Trade Talks from Iranian Diplomacy Under Trump

An analysis by Fen Osler Hampson suggests Iran's recent negotiations under Donald Trump offer strategic lessons regarding leverage and patience, potentially applicable to Canada's CUSMA talks.

By Rohan DesaiPublished 1 Min Read
Lessons for Canadian Trade Talks from Iranian Diplomacy Under Trump
Lessons for Canadian Trade Talks from Iranian Diplomacy Under Trump
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Iran Deal Offers Strategic Context for Canadian Trade Negotiations

An article titled "What Iran Can Teach Canada about Negotiating with Trump" was published on The Walrus Newsletters on June 22, 2026. The piece is authored by Fen Osler Hampson and updated at 21:19 on that date; it was originally published at 13:22 the same day.

Key Lessons Identified

The headline summary of the article states that key lessons for Canada include knowing leverage, staying patient, and not folding too early during negotiations with Donald Trump. According to the text, these points are drawn from a memorandum of understanding between United States President Donald Trump and Iran's leadership.

Conditions Surrounding the Agreement

The article notes that this memorandum was cobbled together under intense economic pressure. Fen Osler Hampson suggests this deal may offer lessons for Canada regarding its own negotiations over the future of the Canada–United States–Mexico Agreement, or CUSMA.