Canada has now learned that the ridiculous abbreviation Taco – It is often the sake of US President Donald Trump – inaccurate and needs to be modified to something more like “Trump (almost) is always equipped.”
Although definitely put Less tariff than threatened On dozens of countries around the world and Giving Mexico delay for 90 days From his threat to raise the customs tariff rate, Trump Canada allocated To increase.
Although there is no way to describe what happened as a victory, there is a lot of evidence that it is not a reason for the government of Prime Minister Mark Carney to panic and do something that really matters to the Canadian economy: Free access to customs tariffs to the United States for the vast majority of exports.
The main evidence that supports this perspective comes in economic numbers that show the actual impact of Trump’s definitions on Canada’s entire exports to the United States, the so -called An effective tariff rate. Think about it as average, weighted the value of Canadian goods that pass through the border.
Various economists differ from a little different estimates, but even with an increase in Trump on Thursday night, there is a consensus on the rate of effective tariffs of Canada Below in one numbersNoticeably less than the rate of any other major commercial partner.
This is because despite Trump’s outbreak, it allows the vast majority of Canada’s exports to the country with a tariff with the terms of the Canada-USA (CUSMA) agreement.
Dominic Lieblank, the minister in charge of the Canada trade and the United States, tells CBC News that despite the rise overnight in the definitions of some Canadian goods by US President Donald Trump, Ottawa is still negotiating with Washington and Lieblank expects to continue next week’s talks. Lieblank was speaking outside the Canadian embassy in Washington, DC
Experts and business leaders say that trade negotiators and the federal government in Canada should focus on the laser on maintaining this access to customs tariffs through CUSMA, especially since the deal is soon for review.
Goldy Hyder, President and CEO of the Business Council in Canada, says that the largest issue of Trump’s increasing increase in definitions is the way Canada is struggling to “find a way to move forward” in its negotiations with the United States
“The conversation that we must do”
“I hope this is an opportunity to re -evaluate and reset what we are somewhat and where we need to reach the longest term,” CBC from CBC told CBC in an interview on Friday.
While Haider says he sympathizes with the government of Carney as he tries to move in the immovable water to deal with Trump 2.0 on trade, he is wondering whether the negotiating strategy may aim at the right goal.
Canada must evaluate what you need to do “to enter the conversation that we must do, which is first and foremost: how will we review and regenerate UsMCA?” Haydar said, using the preferred abbreviation of the US government of commercial deal.
CUSMA text calls for an official review starting in July 2026, but the consultations between the three countries are expected to start this fall.

Since Trump meets the hypothesis of almost every other major commercial partner, observers are increasingly indicating the large tariff exemptions that Canada gets from CUSMA as a major competitive advantage.
This creates a great source of motives for the Carney government to make CUSMA to consolidate the long -term target of its conversations with the Trump administration.
The eternal question: Trump’s true motivation for definitions
On the other side of the border, there is an important point of view that an important driving force behind Trump’s tariff tactics with Canada is gaining influence in CUSMA renewal talks.
Although the lawyer of the Ministry of Justice was Controversy in court To stop the flow of fentanel from Canada – Minimum as it is – The customs tariff, and commercial policy expert Eno Manak of the Foreign Relations Council in Washington, DC, says she believes that there is no way to stimulate Trump.
“I think a lot of this is about a kind of reinstating parts of the CUSMA deal that the Trump administration was not satisfied with,” Manak told CBC News Network on Friday.
Although Trump hit Canada with a tariff, Manak does not criticize Canada’s tactics negotiating.
“There is no really good way to do this,” she said. “We have seen a variation in the methods and regardless of what, it seems that everyone is beaten by definitions.”
As the final tariff deals and lines in the United States, Elie Glasner is approaching CBC to the winners and losers in the reshaping of Donald Trump for the global economy.
John Manley, a former liberal deputy prime minister, who is now the head of Ceffries Cicuretz, a global investment company in the field of investment, says CUSMA and the access without customs tariffs should remain a focus for Canada, said John Manley, a former liberal deputy prime minister, who is now the head of Ceffries Cicorets, a global investment company in the field of investment.
“The big game is 93 percent of Canadian commodities that cross the border free of tariffs in the UsMCA frame,” Manley told CBC News. “This is what we need to protect.”
For revenge or not?
Even if the CUSMA re -negotiation is the most important in the long run for Canada, the Carney government must also think about its next direct steps.
Perhaps the most urgent question for Utuawa is whether or not for revenge.
Brian Chloe, who served as Deputy Chief of Staff of former Prime Minister Justin Trudeau and led the “Chamber of War” in commercial relations between Canada and the United States, describes himself as a fan of revenge, but he does not defend Carney to shoot Trump in this case.
“I think (Carney and his team) need to stop and consider whether revenge will be at the present time, given that Canada stands alone, and the rest of the world does not stand with us,” Chloe said on Friday in an interview with CBC News.
Canada is the only country in the world to have US President Donald Trump’s tariff immediately. Brian Chloe, Deputy Chief of Staff Justin Trudeau, says part of the reason that Canada is distinguishing because he was only two countries to stand in the face of Trump – and “the world made a mistake” with disintegration.
Carney’s government also needs to think about what it can do about the definitions that have the greatest impact on Canada at the present time: the 50 percent sectoral tariffs on steel, aluminum and 25 percent on the non -American content of collected cars.
“Maybe there is another step towards America asking to be able to take – we can coexist with it – this deal can be closed,” said Chloe.
Signs from the Carney team indicate that the plan is to continue.
Dominic Lieblank, the minister in charge of Canada and the United States, said on Friday that Trade Minister Howard Lottenic, Point Trump, agreed to the customs tariff, to speak on the phone next week and arrange a meeting later in August.
“We will continue to speak to the Americans,” Lieblank told reporters in Washington. “The United States will remain our neighbors, and our most important economic and security partner remains.”
Both leblanc in Scrum and Carney in him statement He confessed to the need for the government to help steel, aluminum and cars. There is no doubt that getting slope points or discounts in these definitions will be a target because the conversations with Team Trump’s progress.
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