1 week ago

Trump Threatens Canada With More Tariffs After Talks Collapse

Trump Threatens Canada With More Tariffs After Talks Collapse
Trump Says It's Time To Teach Canada A Lesson After Trade Talks Collapse · NDTV

The United States and Canada tried to make a new trade agreement.

The talks ended without a deal.

President Donald Trump said Canada should be taught a lesson.

The United States then placed large taxes, called tariffs, on Canadian goods.

Canada responded with similar tariffs on American goods.

Canada also announced help for businesses and workers affected by the tariffs.

Trump said Canadian cars and car parts would face additional tariffs starting January 1.

A White House adviser said Canada would not get the earlier offer again and that a future deal would be worse.

Key facts

U.S. tariffs
The United States imposed 50% tariffs on $20 billion of Canadian imports.
Canadian response
Canada announced retaliatory tariffs on about $20 billion of annual U.S. imports.
Effective date
Canada’s retaliatory tariffs take effect September 8.
Auto tariffs
Trump announced 50% tariffs on Canadian automobiles and parts beginning January 1.
Canadian assistance
Canada rolled out aid for businesses and workers affected by the measures.
Trump’s position
Trump said the United States had offered Canada a good deal and could obtain needed goods elsewhere.
Navarro’s prediction
Peter Navarro said Canada’s eventual deal with the United States would be less favorable than the offer made the previous week.

Quotes

Peter Navarro

White House adviser

“It just is not going to end well for Canada and I predict that the deal you got, that you turned your nose up, you're never going to get that deal again.”
republicworld.com NDTV
“There's no way economically they should have turned it down.”
NDTV

Sources

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