Canada wants a commercial agreement with the US. His prime minister announced this Friday that he will eliminate some punitive tariffs that imposed the United States in retaliation for Donald Trump’s taxes. Thus, Mark Carney It aims to approach the White House to facilitate a commercial agreement between the two countries.
In an appearance before the media, Carney explained that as of September 1 Canada will stop applying its reciprocal levies. The measure will be applied “to American goods specifically covered by the T-MEC”. In addition, he has rejected that he is due to a claudication to the pressures of President Trump.
“Canada will maintain tariffs on steel, aluminum and car while we work intensely with the United States to solve existing problems in these strategic and future sectors,” said Canadian prime minister. Even so, he has recidified that Trump has launched policies that force the rest of the world to “buy” access to its economy.
In this sense, Carney explained that Trump’s new commercial policy “It has several motivations”: “Increase tariff income, protect strategic industries, foster foreign investment in the United States and modify commercial and non -commercial policies of its partners,” he said. “Under the new approach to the United States, countries must now ‘buy’ access to the world’s largest economy through a combination of tariffs, investments, unilateral liberalization of trade and normative changes in their internal markets.”
Subsequently, the prime minister has praised his new measure. “Canada currently has the best commercial agreement with the United States. Although it is different from the one we had before, it remains better than that of any other country,” he presumed. “More than 85 % of trade between Canada and the US is now free of tariffs”he has emphasized.
With respect to T-MEC, An agreement whose main objective focuses on strengthening the economy of North America countries, Carney said that it is “fundamental” to preserve and “reinforce” it with the negotiations that will begin in 2026 with the US and Mexico for its renewal. “The Canada Government will begin the preparations for the review of the T-MEC scheduled for next year with new consultations from next month to evaluate Canadian priorities in the new global commercial environment,” he said.
In addition, Canada and the United States “will intensify their debates to address current challenges in these strategic sectors and take advantage of great immediate opportunities in commerce, investment and security.”
Tariff suppression has been made public 24 hours after both leaders talked on the phone. A conversation that Canada described as “productive” and in which they discussed issues such as “current commercial challenges, opportunities and priorities shared within the framework of a new economic and security relationship between Canada and the United States.”
