Canada warned not to ‘take just any deal’ as Trump tariff deadline nears
- On Sunday, the leaders of the United States and the European Union revealed a trade deal that establishes a 15 percent tariff on the majority of goods exchanged between their regions.
- This follows ongoing U.S. tariff threats, with Canada still without a deal and facing a possible 35 percent tariff on exports if no agreement is reached by Trump's August 1 deadline.
- An expert who previously served in the White House emphasized that Canada must firmly reject any agreement that does not meet its standards, noting that relations between the U.S. and Canada have become more strained compared to U.S.-EU ties.
- Haas remarked that tariffs do not promote sustained economic growth, mentioned both nations are preparing for possible tariffs, and indicated the deadline might be adjusted based on economic developments.
- Canada has increased its customs scrutiny and withdrawn plans for a digital services tax in response to U.S. pressures, but with the August 1 tariff deadline approaching, reaching an agreement continues to be difficult.
8 Articles
8 Articles
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Pete Hoeskstra says Donald Trump thinks Canadians are mean and nasty for boycotting American booze and travel. But for the first time in my lifetime, the federal and provincial leaders seem committed to work together in securing long-term solutions for Canada. If we can exert monetary influence simply by using our won purchasing power, there is nothing mean or nasty about that.
Canadian Officials Continue Wondering Why Trump Administration Projects Ambivalence Toward U.S-Canada Trade Deal - The Last Refuge
The reality of the U.S-Canada economic relationship and the position of President Donald Trump is not that difficult to understand if you take all the disparate datapoints and quotes from Trump and put them into context. During a White House meeting with Mark Carney, President Trump essentially told the Canadian Prime Minister why he was […]
How Trump’s Fight With Canada Has Affected The Shaw Festival
We have more than 600 employees, produce between 11 and 14 productions across four stages from April to October—plus two holiday shows—and host upwards of 325,000 attendees a year. This summer, however, the political tension in the air threatens to destabilize things again. – Maclean’s
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