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Negotiations trump: canada no agreement:
Donald Trump finally signed a decree raised on Friday the prices on Canadian goods not in accordance with the free trade agreement. Moreover, means that Canada and the United States did not find common ground before the deadline despite intensive discussions.
Shortly after 7 pm Thursday. However, a decree appeared on the White House website accusing Canada of not having “cooperated to stem the continuous flow of fentanyl and other illicit drugs” to the United States and of having dared to “retaliate” with counter-trials.
Mark Carney’s office had not reacted when writing these lines.
In the afternoon. However, President Donald Trump said that Mark Carney had tried to speak to him earlier during the day, but that he had not won the phone.
“We haven’t talked to Canada today,” he said.
It was the frenzy on Thursday when negotiations trump: canada no agreement the countries without agreement all tried to reach Washington to avoid increases in prices. Therefore, theoretically in force on Friday.
The White House spokeswoman said they “will have news before midnight [vendredi]And that the president would sign decrees to. Therefore, apply the new prices in the evening on Thursday.
Donald Trump said in the morning that the recognition of the Palestinian state by Canada. as envisaged by Mark Carney, “makes the prospect of an agreement very difficult. The president was delighted later by saying that he had “not liked” the decision but that she was not. threatening to break the discussions.
The Canadian team led by Minister Dominic Leblanc. Ambassador Kirsten Hillman was still in Washington on Thursday to try to snatch a deal.
A negligible impact
In the last days. the White House has announced agreements with the United Kingdom, the European Union, the Philippines, Indonesia, Vietnam, Japan and negotiations trump: canada no agreement South Korea.
During this time. even if the president had promised on his social network that the deadline for other countries “is firm and will not be extended”, Mexico, it has obtained an extension of 90 days.
Without an agreement. that would mean for Canada that 25% prices on imports that do not comply with the Canada-UNITE-Mexico (ACEUM) free trade agreement will increase to his threats. In addition to the sectoral prices already in place.
Should we worry about it? Several experts believe not.
In fact, “if it continues [sans entente]we keep the status quo, which is not too unfavorable. It could be worse if Canada rushes [pour accepter un mauvais deal]”. Explains in an interview Rambod Behboodi, a lawyer specializing in international trade in the BLG office.
In the current state of things. prices of 35% would only apply about 5% and 10% of Canadian exports due to ACEUM, negotiations trump: canada no agreement which exempts a large portion of our products from Trump measures.
The former Prime Minister of Quebec Jean Charest believes that the uncertainty caused by the lack of clarity is. in itself worse than the current state of customs duties.
“Where there is an issue for Canada. these are challenges on special subjects such as steel, aluminum, timber, because the effects are very important on our economy, and at the same time very negative on the American economy,” he added.
Because metal prices hurt American industry, negotiations could lead to a reduction in these. This is a scenario on which Washington wants to “work” with Canada, according to the Treasury Secretary Scott Bessent.
Negotiations trump: canada no agreement
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