Years
Prime Minister Mark Carney said that Canada should fundamentally define its economy in view of the growing tariff imposed by US President Donald Trump, announced that the old relations between Canada and the US have now ended. After Trump’s announcement of the new auto tariff implemented from next week, Carney promised to take retaliation, reduce internal trade obstacles and remove Canada’s economy from dependence on America.
As part of a dramatic change in Canada’s foreign policy, Prime Minister Mark Carney announced that long -standing economic and security relations between Canada and the US have ended. The announcement has been made in response to the announcement of the new auto tariff by US President Donald Trump, which can severely affect Canada’s economy. Prime Minister Mark Carney said that Canada should fundamentally define its economy in view of the growing tariff imposed by US President Donald Trump, announced that the old relations between Canada and the US have now ended. After Trump’s announcement of the new auto tariff implemented from next week, Carney promised to take retaliation, reduce internal trade obstacles and remove Canada’s economy from dependence on America.
Talking to the media in Ottawa after a meeting with the cabinet committee on Canada-US relations, Carney said, “We will have to fundamentally to re-recover our economy in the coming weeks, months and years to come.” Our old relationship with America, based on intensive integration and tight security and military cooperation of our economies, is over. Carney did not say what the federal government will take back in response to Trump’s latest round. He said that more announcements would be made on 2 April, when new auto tariffs and further mutual tariffs on all foreign trade partners are going to start.
US President Donald Trump said that he is levying 25 percent of imported vehicles and components. The White House claims that this will promote domestic manufacturing, but may also cause financial pressure on the vehicle manufacturers dependent on global supply chains. Trump told reporters that this would promote growth. We will effectively levy 25 percent fee. The fee is expected to give the White House a revenue of US $ 100 billion annually. However, this will not be easy because American vehicle manufacturers also buy many of their parts and components from all over the world.
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