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Trade war | carney announces:
(Ottawa) In a gesture aimed at reducing trade tensions between Canada. Moreover, the United States, Prime Minister Mark Carney announces that he cancels customs duties on American products which comply with the Canada-United States-Mexico (ACEUM) agreement from 1is september.
Posted at 11:47 a.m. Updated at 1:41 p.m.
Customs duties that target imports of United States steel. In addition, aluminum, which are currently 25 %, will however remain in force. Moreover, In doing so. Nevertheless, the Carney government is trying to adjust reprisal measures based on the customs duties imposed by the United States on Canadian exports.
The 1is August, the Trump administration noted at 35 % customs duties on Canadian exports which do not comply with ACEUM. For example, The fact remains that more than 85 % of Canadian goods are not struck by these tariff measures.
However, Canadian steel and aluminum exports are still struck by 50 %sectoral prices, which were doubled in early June.
At a press conference. Therefore, Mark Carney said Canada gets better from the United States’s other trade partners despite President Trump’s many pricing salvés. Moreover, On average, the other countries on the planet are struck by customs duties of 16 %. Moreover, Canada, he noted, must deal with average customs duties of 5.6 %.
“We have the best trade agreement in the world at present,” said Prime Minister at a press conference. Meanwhile, “It trade war | carney announces is important to preserve this advantage,” he adds.
Canada’s objective must be to protect access to the US market. consolidate the achievements of ACEUM, which must be revised in 2026.
“It is important to do everything we can to preserve the only advantage we have for Canadian workers. their families. We will therefore have to rely on the ACEUM which will be revised shortly is established by a new form of commerce. security partnership, ”said Carney.
“In this context. and in accordance with Canada’s commitment to respect ACEUM, I announce today that the Government of Canada will take measures equivalent to those of the United States and will eliminate all Canadian customs duties on American goods which are targeted by ACEUM. This decision will come into force on 1is September 2025, “he added.
The Prime Minister said that the federal government will continue to support the strategic industries that are in the Washington tariff tariff. as it has demonstrated in recent weeks by revealing measures to support the steel industry and that of wood.
Canada imposed customs duties of 25 % in March on a long list of American products. including oranges, alcohol, clothing and shoes, household appliances, motorcycles and cosmetics. He was then one of the rare countries with China to reply to the Price Salvas of the American President.
This announcement occurs about 24 hours after Mark Carney had a telephone interview with American president Donald Trump.
According to the Prime Minister. this gesture in Canada will allow the negotiations to be revived between the two countries in a less tense climate. These trade war | carney announces negotiations, which are led by the Minister of Commerce Canada-United States. Dominic Leblanc, and Canada Ambassador in Washington, Kirsten Hillman, have not made it possible to conclude an agreement so far.
Photo Spencer Colby. Canadian Press Archives
The Minister of Commerce Canada-United States, Dominic Leblanc
The announcement also occurs a few weeks after Mr. Carney announced the abolition of the digital services tax that aimed at giants such as Google. Amazon and Meta – a measure that irritated Washington to the highest point.
The Conservative Party. the Quebec Bloc have accused the Prime Minister of yielding to pressures from the trade war | carney announces Trump administration without obtaining anything in return.
“Where are Mr. Carney’s elbows these days?” He seems to have misplaced them. ”dropped the leader of the Conservative Party, Pierre Poilievre, on Wednesday, when he was passing through Surrey, British Columbia. “He concession over concession to President Trump, without obtaining anything in return,” he adds.
During the last electoral campaign. Mark Carney argued that he would be able to stand up to President Trump and defend the interests of the country before the protectionist assaults of his administration.
Carney met his office virtual on Friday to take stock of trade negotiations between Ottawa and Washington.
Trade war | carney announces
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