Canada retaliates, starts tariffs against the US

Marcus Newton
July 4, 2018

He added that he would wait until after the fall elections.

Former Mexican Congressman Agustin Barrios Gomez joins Power & Politics to discuss what Mexico's president-elect Andres Manuel Lopez Obrador means for NAFTA negotiations.

But with Trump's inflammatory rhetoric, Canada's retaliatory tariffs against the USA and a leftist, anti-establishment Mexican president about to join the fray, there are some who believe any North American Free Trade Agreement talks may be in long-term limbo.

Canada and Mexico have the additional challenge of responding to US tariffs while they attempt to renegotiate NAFTA, a major free trade agreement, with the United States.

The Canadian government has announced it is imposing tariffs on USA exports worth $16.6 billion in Canadian dollars or $12.5 billion in USA dollars.

The American goods that Canada has placed tariffs on include ketchup, lawn mowers and motorboats.

That tariff fight will form a rather tense backdrop for the effort to reach a NAFTA deal, which Foreign Affairs Minister Chrystia Freeland has said she expects to ramp up soon, following several conversations last week with U.S. Trade Representative Robert Lighthizer.

In the interview on Fox News Channel's "Sunday Morning Futures with Maria Bartiromo", Trump again threatened to impose tariffs on imported cars, trucks and auto parts, saying, "The cars are the big ones".

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The Chamber based its state-by-state analysis on data from the U.S. Department of Commerce and government agencies in China, the EU, Mexico, and Canada.

Sanders said that the tactic has only hurt American workers. When asked about this today, Sanders answered that "We've been very nice to Canada for many years, and they've taken advantage of that".

Trudeau later spoke with Lopez Obrador on Monday, wherein they discussed their mutual trade interests and their "shared priority of updating the North American Free Trade Agreement for the betterment of their peoples", said a readout of the conversation issued Monday. "We will not escalate and we will not back down", she said, while noting that this trade action was the strongest Ottawa has taken since World War II.

"You know, I've been right across the country all day, starting in Leamington, Ontario, through Regina, Saskatchewan, and ending here, and the sun is a long way from setting, so we've got a lot of time to party still".

Ottawa "had no choice but to announce reciprocal countermeasures to the steel and aluminum tariffs that the United States imposed on June 1, 2018", Prime Minister Justin Trudeau told Trump in a call on Friday, according to a statement from his office.

"I think we'll get through this".

After that meeting, Trump tweeted that Trudeau was "weak" and "dishonest".

Other reports by MaliBehiribAe

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