Donald Trump and Mark Carnary hold talks on trade war tensions in the United States and Canada

Photo of author

By [email protected]


Open the newsletter to watch the White House for free

Donald Trump described his first phone call to Mark Carney as “very fruitful” amid the escalating trade war between the United States and Canada.

US President to publish On the social fact, their conversation on Friday was “a very fruitful invitation, we agree on many things”, while telling Canadian Prime Minister Trump that his government will implement the revenge definitions “to protect Canadian workers and our economy.”

The invitation after Trump announced this week that he would put 25 percent of the fees on foreign car imports, in a move he said aimed at strengthening the American auto industry.

The husband had a “very constructive conversation” and agreed to “start comprehensive negotiations” on a new economic and security relationship and they will meet after the Canada elections on April 28, according to statement From the Prime Minister’s Office.

Relations between the allies and commercial partners were threatened by announcing the definitions despite the USMCA free trade deal negotiated by the American President during his first term, as well as his threats to make Canada in the state 51.

Thursday evening, Carney said that Canada Ancient relationship With the end of the United States and pledged that there would be a “extensive re -negotiation” of the trade agreement between countries.

He added that Ottawa will fight the American tariff with reprisal commercial measures “that will have the maximum impact in the United States and the minimum impacts in Canada.”

Since March 13, the Canadian government has put a 25 percent tariff for products imported from the United States worth $ 29.8 billion as part of its revenge.

In his post on Friday, Trump said that Carney agreed to “work on the elements of policy, business and all other factors, which will eventually end both the United States of America and Canada.”

Carney said they also agreed that the talks between Canadian ministers and US Minister of Trade Howard Lottennik “will intensify to address instant concerns.”

Carney, a former bank ruler of the Bank of England and the ruler of the Central Bank of Canada, became the leader of the liberal party on March 9 after the resignation of former Prime Minister Justin Trudeau due to the widespread national dissatisfaction with the party and its leadership.

Trump has repeatedly referred to Trudeau as a “ruler” and threatened the Canadian annex. Carney’s succession was described as prime minister as a possible reset for the United States and Canada relations.

The US hostile position towards its northern neighbor has led to an increase in the support of the liberal party, as some polls have shown that it may win the elections – a noticeable transformation after several years of translation in the polls.

On Thursday, the Angus Reed Institute said that 56 percent of the voters who have turned into the party since the beginning of the year say it is because of the new leader.

“The same number also says that the threats of US President Trump led them to support job occupants,” the report said.

While USMCA compatible components are temporarily exempt from the tariff of the car announced by Trump this week, the tax can have a significant impact on the Canadian economy.

The value of trade between the two countries is about $ 1 dollar annually per year, according to the Canadian Chamber of Commerce.



https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1bedf650-2417-4b82-a421-6923cfc8392b.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

Source link

Leave a Comment