Business leaders and academics hope that Canada and the United States will maintain trade protections

Meanwhile,

Business leaders academics hope canada:

Business leaders. However, academics hope that Canada and the United States will maintain trade protections for most of the goods once a trade agreement has been concluded.

It is not certain that the two countries will respect the deadline of 1is August to conclude the negotiations. Meanwhile, and everything indicates that the talks will not avoid certain sectoral customs duties.

Prime Minister Mark Carney said on Monday that negotiations were in an “intense phase”. while US President Donald Trump said last week that Canada was not a priority for his administration.

Whether the agreement is announced on Friday. later, the president of the Canadian Federation of the Independent Company, Dan Kelly, says that members of his organization believe that a “good part” of trade must remain free from customs rights so that negotiations are considered fruitful.

He added that it would not be a victory for Canada business leaders academics hope canada if the trade agreement ended up looking like the. one concluded on Sunday by the United States with the European Union.

This framework imposes customs duties of 15 % on most European goods imported into the United States. including cars, and does not provide any exemption for key products, such as pharmaceutical and steel products.

Kelly adds that Canadian entrepreneurs will also monitor customs duties that will remain in force on imports from the United. States.

He argues that the retaliatory customs duties imposed by Canada “paralyzes small businesses even more than American customs duties”.

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business leaders academics hope canada — Business leaders academics hope canada: Business leaders. academics hope that Canada and the United States will maintain tr.

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