Trump’s latest prices on the Carney firm menu next week

During current commercial negotiations with the United States, the Canadian government relentlessly defends our workers and businesses. Similarly, We will continue to do so while we work for the revised deadline of August 1indicates this same source.

She adds that the Prime Minister will convene a meeting of the Prime Ministers on July 22. Consequently, as part of the Federation Council organized by the Prime Minister of Ontario, Doug Ford, in Hunstville.

Reacting to this new pricing threat. For example, the Prime Minister of New Brunswick Susan Holt assures that her government will work in Protect entrepreneurs and workers […] that turn our economy. In addition, and [à] To support their efforts in order to publicize their world class products to new business partners internationally.

For his part, the Prime Minister of Nova Scotia Tim Houston trump’s latest prices carney firm new denounces l’intimidation of the Trump administration. Therefore,

We will continue to work harder to buy local products. Moreover, find new business partners and remove internal commercial barriers that have hampered us in the past.

Fears among manufacturers – Trump's latest prices carney firm new

Trump’s announcement arouses many fears among manufacturers and Quebec Chambers of Commerce.

In interview with First the infoVéronique Proulx. Consequently, president and general manager of the Federation of Chambers of Commerce du Québec, evokes A brutal shock for exporters from the province.

It is aimed at Prime Ministers Mark Carney. François Legault and asked them to review the levers on which they have control to ensure that we support our economy and our companies.

Ms. Proulx believes that the strategy of the Federal Prime Minister is the right one. trump’s latest prices carney firm new Rather than reacting untimely as President Trump does, [Mark Carney] continues the negotiation.

However. the Chairman and CEOCEO of the Quebec Chambers of Commerce Federation asked the Prime Minister of Do not give in to the issue of supply management.

Public contracts. local content

We have to go back to what we have control, here in Quebec, in Canadainsists Mrs. Proulx, who quotes the example public contracts and the importance of having local content clauses.

May our companies that produce here have access to contracts here.

It also proposes to accelerate the exploitation of mining projects and natural resources andInvest in transport infrastructurecontinues Ms. Proulx.

This will have the effect of promoting the diversification of export markets, according to her.

The United States needs our aluminum, it needs our copper, it needs our natural resources.

Reduce dependence on the American market

At the same time. We must work to reduce our dependence on the American market and send a clear and trump’s latest prices carney firm new strong signal to our companies: we want to keep them in Canadaadds Véronique Proulx.

Julie White. Chairman and CEOCEO Manufacturers & Exporters of Quebec (MEQ), abounds in the same direction by describing a difficult situation for Quebec companies.

Canada must continue to negotiateshe said. recalling that This is not all that has been announced that has been applied par l’administration Trump.

In an interview on the show First the infoMs. White underlines the way this uncertainty [nuit à l’ensemble des] trade relations with American partners and the regional economy.

Today, companies that were dealing in the United States are refused contracts. There are a lot of uncertainty. Investment projects are currently on a break. the more it lasts, the more difficulty we will have to maintain the regional economy.

This situation changes the price structure for companies, explains Ms. White.

In May, we did a survey with our members. The increase in production costs is already visible on businesses, especially because of steel and aluminum. It is clear that there is an impact, in particular on the liquidity of companiesshe says.

If we arrive with prices of 35 % on August 1, it is certain that it is a disaster scenario for many companies.

Contract cancellations and increased production costs, we are already in this situationconcludes Ms. White.