United States President Donald Trump temporarily resigned rates on some but not all of Canada products and Mexico two days after throwing a Continental Trade WarSpecifically, those found in the North -American Free Trade Agreement.
Trump signed a new executive order giving some exemptions to Canada after originally saying on Thursday that only Mexico would get a partial rescue on wide rates until April 2.
Delay in a Canada exemption came after Trump He level new attacks on Prime Minister Justin Trudeau after a warm exchange on Wednesday.
Canada will delay its second round of retaliation rates until April 2 as a result of Trump’s temporary company, announced Finance Minister Dominic Lablanc, announced on Thursday.
According to a new modified order signed by Trump, the imports of Canada that comply with the agreement-meaxico-meaxico (cusma) (cusma) agreement (mainly automatic components) will avoid 25 percent of the rates for a month.
« In order to minimize the interruption of the automobile industry of the United States and automobile workers, it is advisable to adjust the rates imposed on Canada items, » says the amendment.
Potassa – that North -American farmers matter from Canada for fertilizers – It will target the lower 10 percent, the same pace in which Trump fares the Canadian energy products.
Mexico imports that comply with Cusma will be excluded from 25 percent rates for a month, according to a separate order.
About 62 percent of Canada’s imports would still face new rates because they do not comply with Cusma, according to a white house official who insisted on the anonymity of previewing orders for a call with journalists, said Associated Press and Reuters. Half of the imports of Mexico who do not comply with Cusma would also be taxed under the orders signed by Trump, said the official.
Trump Wednesday had announced A rate rescue to the three three -large manufacturers Stellalantis, General Motors and Ford, operating North -American production lines, until April 2.
Get daily national news
Get the main holders of the current political, economic and current news, delivered to your inbox once a day.
It is then that what Trump calls « reciprocal » rates will come into force to try to match all the fares and commercial measures imposed by other countries.
Trump said he did not seek to expand this exemption from Autos beyond that date.
« Most rates go on April 2, » Trump said before signing the orders. « And then we have some temporary and small, relatively small, although they have a lot of money with Mexico and Canada. »
The temporary pause also does not include steel and aluminum goods, which will be put under a separate set of rates planned to enter into force next week.
Trump’s and again ruined rates have ruined financial markets, reduced consumers’ confidence, and surrounded many companies in an uncertain environment that could delay hiring and investment. But the President said that economic uncertainty was not influencing his evolutionary exemptions.
« I am not even looking at the market, because in the long run, the United States will be very strong with what is happening now, » he told journalists at the Oval Office after signing orders.
Canada has retaliated with an initial round of rates with North -Americans worth $ 30 billion, while the provinces have removed the North -American liqueur from the store shelves and canceled North -American business contracts, among other measures.
Previous Thursday, Trudeau said to Canada journalists will not lift their retaliation rates until Trump raises his rates completely.
« We will not support our response rates until the unjustified North -American rates on Canadian goods occur, » he said.
The federal government imposed a second round of rates on North -American $ 125 million in three weeks if Trump’s rates persist. They will now be delayed until April 2 « while we continue to work for the elimination of all rates, » Lablanc said in a post to X.
In announcing the one -month pause for Mexico, Trump said that he and the Mexican president Claudia Sheinbaum were « working hard, together » for border security problems, including Fentanyl, which Trump frequently quoted his rates in Canada and Mexico.
The rates were imposed under the emergency powers donated to the President during a national emergency, which Trump has stated on the borders on the flows of migrants and Fentanyl.
The Trump administration has accused Canada of not doing enough to address the same border security problems, despite $ 1.3 billion in federal government investments, the designation of a Fentanyl TSAR, and data showing Fentanyl’s convulsions on the Canada-EUA border have continued to fall from last year’s highest record.
Trudeau and Trump discussed Fentanyl’s topic during a telephone call for almost an hour on Wednesday, which the Prime Minister described to journalists on Thursday as « colorful ».
« I can confirm that we will continue to be in a trade war launched by the United States for the foreseeable future, » he said.
Previously, Trump accused Trudeau on social media of « using the fare problem, which has largely caused, in order to re -submit to the Prime Minister. » Trudeau will resign after a new liberal leader is voted on on Sunday, and confirmed on Thursday that he will not remain as Prime Minister of caregiver after his successor is elected.
In the meantime, the provinces have begun publishing new retaliation measures. Ontario Prime Minister Doug Ford announced on Thursday Its province would add a 25 percent export tax to electricity sold For the United States, and British Columbia David Eby said that North -American commercial vehicles traveling around Alaska will face a new toll.
« The rates are lit, the rates are dull, the threats, the terminated orders, launched; it is a deliberate tactic to weaken our resolution. » Eby told Victoria journalistsShortly after Trump’s exemptions for Canada.
« We assure you that the North -Americans understand the upset we are, what we are unified, the commitment we are working on as a country to defend one another in our own independence to our two meters and I say that we do not drop until the President is removed from the table. »
Foreign Minister Melanie Joly had equally strong words about how constant « drama » and demands affect Canada relationship An interview with CNN on Thursday.
« Trump’s administration has shown us too much to contempt for us at this time: to call us 51st state, calling our » governor « prime minister, he said.
« Canadians have had enough. »
—As with files from UDAY RANA and Simon Little of Global, The Associated Press and Reuters
Leave a Reply