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Tariff Pain First, Deals Later, U.S. Tells Canada in Key Meeting


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Tariff Pain First, Deals Later, U.S. Tells Canada in Key Meeting

In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.

 

 

Top U.S. representatives told a Canadian delegation on Thursday that there was no way Canada, or any other country in President Trump’s cross hairs, could avoid a new round of sweeping tariffs on April 2, according to two people with direct knowledge of their conversation.

Any negotiations to remove some tariffs or even strike a more comprehensive trade deal would come after that date, American officials told their Canadian counterparts at a meeting in Washington, D.C. Mr. Trump, through an executive order, has ordered an in-depth examination of trade between the United States and several partners, including Canada, and the imposition of “reciprocal” tariffs beginning on April 2, to match surcharges other countries impose on U.S. goods.

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21 minutes ago, human1234 said:

Tariff Pain First, Deals Later, U.S. Tells Canada in Key Meeting

In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.

 

 

Top U.S. representatives told a Canadian delegation on Thursday that there was no way Canada, or any other country in President Trump’s cross hairs, could avoid a new round of sweeping tariffs on April 2, according to two people with direct knowledge of their conversation.

Any negotiations to remove some tariffs or even strike a more comprehensive trade deal would come after that date, American officials told their Canadian counterparts at a meeting in Washington, D.C. Mr. Trump, through an executive order, has ordered an in-depth examination of trade between the United States and several partners, including Canada, and the imposition of “reciprocal” tariffs beginning on April 2, to match surcharges other countries impose on U.S. goods.

Canada will see a brutal depression if trade war continues. 80% of Canada's trade is with US, US only trades less than 20% with Canada. Canada doesn't have many options at this point. 

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