Trade problems simmered between Canada and the United States have now exploded in a full-fledged pricing war. From Tuesday, president Donald Trump’s pricing threats I will come into play, striking the Canadian goods sent south of the border with a price of 25%. Canadian energy has been slightly spared, with rates of 10%.
A few hours after Trump’s order, the Prime Minister Justin Trudeau retaliate, Gifler 25% prices on $ 155 billion in American products sent to Canada – On articles ranging from orange juice to household appliances.
The Minister of Finance, Dominic Leblanc, was alongside Trudeau for the announcement and as president of the committee of the firm recently trained on Canadian-American relations, he was in numerous commercial negotiations.
“We are not trying to degenerate this. We have been careful, ”said Leblanc The western block“The price is 25%. This is the rate (Trump) has chosen. »»
The rates that Canada impose will be gradually intensity. Tuesday will lead to a first stage of $ 30 billion, largely on consumer products that the Minister said that Canadians have non -American alternatives.
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“If you buy a washing machine made in the United States,” he said, “there are some that could be made in Korea or Europe that could be substitutes.”
The next step will report $ 125 billion in additional goods, passenger vehicles with beef pork and dairy products. They should come into force after a period of public comments of 21 days and more talks expected between Washington and Ottawa.
Leblanc said that none of the discussions had been directly between Trump and Trudeau. He explained: “There are discussions between various ministers”, but not between the two heads of state. Who did Leblanc blame the lack of communication? “If the president has not yet planned the call with the Prime Minister,” said Leblanc, “the White House could perhaps explain why he did not do this.”
At the end of this quarrel, Leblanc says that he and his colleagues believe that “the Americans will come to the conclusion that it is not in their economic interest to continue. So we hope.
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