Canada abolishes many retaliation duties on the USA

manager24.pl 8 hours ago

In the trade conflict with United States Canada abolishes duties on all goods originating from its neighbour covered by the North American Free Trade Agreement (USMCA). This will enter into force on 1 September, announced the Prime Minister on Friday Mark Carney (60), after a telephone conversation with the US president Donald Trump, carried out the day before. Trump welcomed this decision.

This motion of goodwill aimed to intensify trade talks with the United States, said Carney. Trump besides exempted Canadian products covered by the USMCA agreement from customs increases on Canadian imports.

"He withdraws from retaliation, which I find nice," Trump told reporters in the White House. "We will have another telephone call soon," stressed the president of the United States, adding that "very respectable" Carney.

Trump wanted to annex Canada

As part of his trade policy, Trump has raised duties on many trading partners, any significantly. Many countries are trying to negociate lower tariffs by making concessions to the United States. Carney said on Friday that the U.S. government forces another countries to "buy access to the world's largest economy".

Canada responded to the trade war initiated by Trump with harsh measures. vicinity relations between the 2 countries have been strained for months – partially due to the fact that Trump has flirted with the thought of annexing Canada many times. This rhetoric has been heard little and little late from the White House.
Is Carney in front of Trump?

Carney did not intend to let his fear of communicating with Trump to stay unmoved – and he utilized a hockey metaphor: In any matches you must rapidly let him know, usage your elbows and beat your rivals solidly. Canada was successful. But now it's time to pass the puck and yet put it in the grid.

This decision can pose a challenge to Carney in interior politics. His ruling Liberal organization has only a number of seats in parliament and is based on the support of the opposition. Conservative leader, the largest opposition party, accused Carney of being besides gentle with the US this week. Carney won the April election, promising to argue Trump's duties, but has since gradually softened his tone.
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