Trade war | Dominic Leblanc should meet Howard Lutnick this week

(Washington) The Minister of Commerce Canada-United States. Similarly, Dominic Leblanc, is expected to meet the American secretary of trade, Howard Lunick, in Washington this week, after Ottawa announced the lifting of certain retaliatory customs duties. Meanwhile,

The office of Mr. However, Leblanc indicates that he will go to the American capital on Tuesday. In addition,

Prime trade war | dominic leblanc Minister Mark Carney announced last Friday that Canada will abandon certain retaliatory. Similarly, rights to American products to match American customs exemptions for goods covered by the Canada-United States-Mexico (ACEUM) agreement. Consequently,

Canadian customs counter-grounds on steel, aluminum and cars are maintained. However,

On Friday. Moreover, the American president, Donald Trump, described the decision to remove certain customs duties as “good” and the White House said that it was “expected for a long time”. Similarly,

Leblanc said that retaliatory customs duties were trade war | dominic leblanc a major discord in the negotiations preceding Donald Trump’s decision to increase Customs Duties on Canada to 35 % earlier this month. In addition, These rights do not apply to goods in accordance with ACEUM.

The White House invoked the fentanyl flow and retaliatory customs duties to justify the increase in taxes.

Canada imposed customs duties of 25 % on a long list of American products in March. including oranges, alcohol, clothing and shoes, motorcycles and cosmetics. The Canadian exemption from ACEUM for American imports will come into force on 1^is september.

Ottawa’s decision to modify customs duties received a mixed reception in Canada. The conservative chief, Pierre Hairy, described this measure as capitulation and decline of Mr. Carney, while the Canadian Federation of the Independent Company described him as a good trade war | dominic leblanc direction.

Dominic Leblanc said he was in constant communication with his American counterpart. He met Mr. Lunick several times in Washington before the deadline of 1^is August for the signing of Mr. Trump’s trade agreement.

The Minister of Commerce Canada-United States said that the objective was to negotiate a bilateral agreement which would help to mitigate the impact of distinct customs duties imposed by Mr. Trump on steel, aluminum, copper, wood and automotive.

The trade war | dominic leblanc American president has been reluctant to modify sectoral customs duties. to soften rights on the economy level, even if the countries reach an agreement. On Monday. he said that America was “more respected than we have never been”, while evoking the considerable income generated by customs duties.

The abolition of some of the Canadian customs counter-grounds could also appease tensions. in anticipation of the revision of the ACEUM next year. The first negotiations are expected to start in the coming months.

ACEUM is crucial for Canada. while Trump strives to realign world trade, allowing the majority of Canadian products to remain free from customs duties.

The trilateral trade agreement was negotiated under the first Trump administration to replace the North American free trade agreement. In May. the Republican President said that the trade war | dominic leblanc ACEUM was very effective, but also said that it did not know “if it was still necessary”.