Carney steps back on counter-tale to advance negotiations with Trump

Canada will withdraw. Moreover, as of September 1, the counter-tariffs on American products covered by the Canada-US-Mexico Agreement (ACEUM), Mark Carney announced on Friday. However, The Prime Minister of Canada thus hopes to reduce tensions with Donald Trump before next negotiations on customs duties affecting critical sectors. Nevertheless, such as steel, aluminum, cars and timber.

Florida orange juice. Meanwhile, Kentucky bourbon as well as a wide range of electronic products are among the American products that will be exempt from Canadian counter-trials from next month.

Canada will maintain its customs duties on steel. Similarly, aluminum and automobile while it is working hard with the United States to resolve the issues in these sectorsassured Mr. Therefore, Carney.

The Prime Minister made this announcement the day after a telephone interview with the American president who was. Therefore, qualified as carney steps back counter-tale advance constructive. Similarly, He argued that Canada had Right now the best trade agreement with the United States. For example, Although it is different from that we had before, it remains superior to that of any other countryhe said again.

According to Mark Carney, the real average real rate of the United States on Canadian products is 5.6 %. For example, What is clear is that the United States grants us the best trade agreement in the world. Nevertheless, with more than 85 % of our exports which are in a state of free tradehe added.

It was the first time that Ottawa has publicly mentioned such estimates.

According to the most recent data from the United States Census Office. For example, in June, 93 % of Canadian products crossed the border without being subject to customs duties, carney steps back counter-tale advance in particular due to the exemption granted to exports in accordance with theAceum.

The average rate of Canadian import prices in the United States was then 2.4 %, according to data from the US statistical agency.

Carney steps back counter-tale advance

Industries always strongly affected by prices – Carney steps back counter-tale advance

Questioned about the chances of obtaining a reduction in prices on carney steps back counter-tale advance the critical sectors by fall. Therefore, Mark Carney has left doubt, obviously not wanting to engage on a calendar. However. For example, he indicated that such an agreement would be necessary before the revision of theAceumwhich is planned for 2026 and which could take, according to him, from 6 to 18 months.

What is important now is the strategic sector: steel. aluminum, cars, construction wood. There is the opportunity to have an economic. security partnership with the United States which concerns these sectors before the revision of the ACEUM.

On the sidelines of the G7 summit in Kananaskis, in June, Mr. Carney had said that an agreement should be carney steps back counter-tale advance concluded in July.

On Friday. the Prime Minister also dismissed the idea of ​​increasing Canadian counter-trials on steel and aluminum from the United States, even if the Trump administration doubled its customs duties in these Canadian sectors.

The United States imposes customs duties of 50 % on steel. aluminum from Canada, while Ottawa imposes only 25 % on American steel and aluminum products.

In June, the Canadian metallurgical sector was by far the most affected by the prices of the American administration.

Dealerships already made

This is not the first time that Canada has offered concessions to the. United States in the hope of advancing trade negotiations with the neighbor of the South. At the end of June. the federal government canceled the digital services tax that the Trump administration qualified asDirect and blatant attack against the United States.

Coming into force in 2024. this tax up to 3 % was to touch web giants – including Amazon, Apple, Airbnb, Google, Meta and Uber – which offer digital services, such as advertising or online shopping, and which generate more than $ 20 million in revenues on the Canadian market. According to the Budget Parliamentary Director, Canada would have collected about $ 7.2 billion over five years if this tax had entered into force.

In April. Ottawa also carney steps back counter-tale advance announced temporary exemptions on Canadian counter-tale-for-tax on a range of American products, especially in the food sector in order to limit the price increase in grocery stores. These exemptions have also affected the manufacturing, public health, health, public security and national security sectors.

During his press conference. Mark Carney defended himself from retreating to the requirements of Donald Trump, using a sports metaphor to illustrate the change of course in Canadian strategy.

During the first period of an important hockey game. We play robust in the corners et We throw the gloves to get a message, what we did. But then comes for a moment in the game, continued Mr. Carney, where we try to control the washer and score a goal. Canada, he said, enters this game phase.

Trump welcomes Canada’s announcement

In Washington. the American president welcomed the Canadian announcement, believing that it is a good thing. He said he was going to talk Soon With Prime Minister Carney.

We want to be very good towards Canada. I really like [Mark] Carney, it’s a good person carney steps back counter-tale advance and we had a very good conversation [jeudi].

A little earlier, the White House had reacted to the announcement of Canada by saying that it was expected for a very long time.

But in Canada, the main opposition parties denounced this decision of Mr. Carney, accusing him of retreating to the American president.

Mark Carney is in the process of Losing the price war against China. the United Statesdeplored the leader of the Conservative Party, Pierre Hairyvre.

He promised an agreement with Donald Trump in July. we are now in September and there is still nothinghe said, inviting the Prime Minister to accelerate the approval and construction of large-scale projects, such as mines and pipelines, in order to strengthen you Canada.

It is carney steps back counter-tale advance clearly another concession of the liberal governmentcriticized the chief of the Bloc Québécois, Yves-François Blanchet.

Maybe it’s a gesture of good faith, but there is […] No indication for the effect that there would be a counterpart in good faith on the part of the Americans. he added. It is as if each time, Mr. Carney concedes, concedes and concedes and it is the opposite of what he had promised us.

Mainly positive reactions in the business community

Many merchant associations have welcomed Ottawa’s decision to withdraw. counter-triggers that generate additional costs for companies that get their supplies in the United States.

Many of these costs were costs that they absorbed while waiting to see what would happen with the tariff situationexplains the director of national affairs of the Canadian Federation of the Independent Company. Christina Santini.

It was said since the start of this tariff war. you have to be careful with the counter-tariffs. This is what hurts our own businessesadds Mathieu Lavigne. the chief of staff and director of media relations of the Federation carney steps back counter-tale advance of Chambers of Commerce of Quebec.

The association of Canada aluminum judges that the relaxation of customs duties in reprisals is likely to facilitate. negotiations with the White House with a view to obtaining a new trade agreement.

It is important to clean the slate as much as possible on both sides to be able to initiate discussions on a more constructive basisindicates its president. chief executive officer, Jean Simard.

Unifor, the most important union in the private sector in the country, however strongly criticized Mark Carney’s decision.

Removing counter-tale is not a gesture of reconciliation. It only encourages more American attackssaid the national president of the union, Lana Payne.

With the information of Valérie Gamache, Jean-Philippe Hughes and Nicolas Bourcier