A trade deal with the United States will likely include some tariffs, Prime Minister Mark Carney indicated on Tuesday ahead of a meeting with his cabinet.
>Carney told reporters he expects the trade talks with the U.S. to “intensify” ahead of the Aug. 1 deadline to secure a new agreement, but then in French he said the evidence suggests President Donald Trump will not make any tariff-free deals.
>”We need to recognize that the commercial landscape globally has changed. It’s changed in a fundamental manner,” Carney said.
>”We will continue to focus on what we can most control, which is building a strong Canadian economy, and that’s part of what we’ll be discussing in cabinet today.”
>Carney singled out work to make “stronger” auto, aluminum and copper sectors — all industries specifically targeted by American tariffs.
>[…]
>Trump outlined his 35 per cent tariff plan to Carney in a letter sent on July 10. A White House official later said that new tariff won’t apply to goods that are compliant with the Canada-U.S.-Mexico Agreement on trade. Canada typically refers to that agreement as CUSMA, while the U.S. tends to call it the USMCA.
>That same official added that formal paperwork had not been produced to establish the new tariff level and Trump had not yet made a final decision about how it would be applied and things could still change. About 38 per cent of Canada’s exports to the U.S. claimed preferential treatment under CUSMA, though the number that could apply for the exemption is much higher.
>Canada has yet to respond formally to the latest threat, or to Trump’s recent moves to impose lofty tariffs on copper imports and double existing levies on steel and aluminum.
>Carney and Trump agreed last month to work toward a new trade and security pact by July 21, but the U.S. president unilaterally pushed back the timeline to secure a deal. Carney has said he would wait until the deadline before adjusting Canada’s counter tariffs on U.S. goods, based on where the U.S. tariffs were at then.
!ping Can&Containers
Healingjoe on
> Trump outlined his 35 per cent tariff plan to Carney in a letter sent on July 10. A White House official later said that new tariff won’t apply to goods that are compliant with the Canada-U.S.-Mexico Agreement on trade. Canada typically refers to that agreement as CUSMA, while the U.S. tends to call it the USMCA.
so f’ing vain lmao
Reminds me of the scene in *Dark Forest* where the three humans representing the three different country alliances all had to touch the space probe at the same time, to ensure that all three could claim “first contact with a foreign object”.
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A trade deal with the United States will likely include some tariffs, Prime Minister Mark Carney indicated on Tuesday ahead of a meeting with his cabinet.
>Carney told reporters he expects the trade talks with the U.S. to “intensify” ahead of the Aug. 1 deadline to secure a new agreement, but then in French he said the evidence suggests President Donald Trump will not make any tariff-free deals.
>”We need to recognize that the commercial landscape globally has changed. It’s changed in a fundamental manner,” Carney said.
>”We will continue to focus on what we can most control, which is building a strong Canadian economy, and that’s part of what we’ll be discussing in cabinet today.”
>Carney singled out work to make “stronger” auto, aluminum and copper sectors — all industries specifically targeted by American tariffs.
>[…]
>Trump outlined his 35 per cent tariff plan to Carney in a letter sent on July 10. A White House official later said that new tariff won’t apply to goods that are compliant with the Canada-U.S.-Mexico Agreement on trade. Canada typically refers to that agreement as CUSMA, while the U.S. tends to call it the USMCA.
>That same official added that formal paperwork had not been produced to establish the new tariff level and Trump had not yet made a final decision about how it would be applied and things could still change. About 38 per cent of Canada’s exports to the U.S. claimed preferential treatment under CUSMA, though the number that could apply for the exemption is much higher.
>Canada has yet to respond formally to the latest threat, or to Trump’s recent moves to impose lofty tariffs on copper imports and double existing levies on steel and aluminum.
>Carney and Trump agreed last month to work toward a new trade and security pact by July 21, but the U.S. president unilaterally pushed back the timeline to secure a deal. Carney has said he would wait until the deadline before adjusting Canada’s counter tariffs on U.S. goods, based on where the U.S. tariffs were at then.
!ping Can&Containers
> Trump outlined his 35 per cent tariff plan to Carney in a letter sent on July 10. A White House official later said that new tariff won’t apply to goods that are compliant with the Canada-U.S.-Mexico Agreement on trade. Canada typically refers to that agreement as CUSMA, while the U.S. tends to call it the USMCA.
so f’ing vain lmao
Reminds me of the scene in *Dark Forest* where the three humans representing the three different country alliances all had to touch the space probe at the same time, to ensure that all three could claim “first contact with a foreign object”.