Canada announced that it would impose 25 % duty on some of the United States cars, responding to President Donald Trump.
Referring to Canada’s acronym for North America’s free trade agreement, Prime Minister Mark Carney announced that “25 percent of the taxes on all vehicles imported from the United States, which are not in line with CUSMA.”
At that time, it was unclear whether the proportion of imports of vehicles in the United States would lead to fresh tax.
Most products come under the US Canadian Mexico -Free Trade Agreement, so Washington excludes items that meet the standard of contract, so Canada was mostly free from Broad International. Tariff Trump implemented Wednesday.
CanadaNevertheless, the United States’ largest trading partner, still encountered steel, aluminum and other items – which has fresh automotive restrictions.
Regarding Trump’s trade policies, Carney said, “Trump’s trade war will fracture the global economy.”
Canada has occupied the US after World War II after World War II. It’s over, “Carney gave remarks.
Describing this situation as a “tragedy”, he said, “During the 80 -year period, which the United States adopted the global economic leadership mantle, established a partnership based on confidence and mutual respect, free and unlimited trade in goods and services.
Last week, Carney and Trump made a telephone chat, agreed that Washington and Ottawa would discuss bilateral trade routes this week after the Canadian elections on April 28.
