Trudeau expects a trade war between Canada and the United States in the “predictable future”

Toronto (AP) – Prime Minister Justin Trudeau said Thursday that he had praised the United States that the United States would delay substantial prices on Canadian products for a month, but said that Canada’s reprisal rates would remain in place for the moment.

US President Donald Trump Wider trade war. The American secretary of trade, Howard Lungick, said earlier Thursday that prices in Canada and Mexico are “probably” delayed. But no immediate decision has been announced in Canada.

It was the second report of a month that Trump announced since the start of import tax in early February.

Ontario Prime Minister Doug Ford, head of the most populous province in Canada, said on Thursday that the province will invoice 25% more for electricity sent to 1.5 million Americans in response to Trump’s tariff plan. Ontario provides electricity in Minnesota, New York and Michigan.

Ford said he didn’t want to do it, but will not back up until Trump cancels all plans to impose prices.

“All this with President Trump is a mess,” said Ford. “This reprieve, we have already taken this route. He still threatens prices on April 2. »»

The Ford office said that Ontario’s price would remain in place even if there was a stay of Americans. Ford said on Wednesday that as long as the prices threatened, Ontario’s position would remain the same.

Canadian Foreign Minister Mélanie Joly said Canada was not interested in passing “through this psychodrama every 30 days.”

Trudeau said earlier on Thursday that it expects it to expect Canada and the United States to be in a predictable future after calling for a colorful but constructive call with Trump on Tuesday.

Trudeau said that the two parties are “actively engaged in current conversations trying to ensure that these prices do not hurt certain sectors and workers. He also reiterated that “we will not back down from our response rates until the unjustified American rates are Canadian products.”

Asset launched a new trade war Tuesday by imposing prices against the three largest trade partners in Washington, drawing immediate reprisals from MexicoCanada and China And send financial markets to a fall. Trump has put 25% of taxes, or prices, on Mexican and Canadian imports, although he has limited the 10% levy from Canadian energy.

Lutnick said in a television interview on Thursday that Trump probably suspends 25% prices in Canada and Mexico for most products and services for a month, expanding an exemption that was granted on Wednesday to cars.

In an interview on CNBC, Lutnick said that a month’s delay in import taxes “will probably cover all of the goods and services under the American-mexico-Canada, or USMCA, the trade agreement that Trump has negotiated during his previous mandate that replaced Alena.

Lutnick said more than half of what the United States is about these two countries would be eligible for exemption.

For companies with products in accordance with the trade agreement, “you will get a stay now,” he said.

Trudeau said Lutnick’s comments align with the conversations that Canadian officials had with Trump administration. “But I’m going to wait for an official agreement to talk about the Canadian response or examine the details, but it’s a promising sign.” Said Trudeau. “But I will emphasize that this means that the prices remain in place and therefore our answer will remain in place.”

One day after the new prices made vigor, Trump said he one month’s exemption For us, car manufacturers. The announcement came after Trump spoke Wednesday with Ford, General Motors and Stellantis leaders, the parent company of Chrysler and Jeep. His press secretary said Trump told the leaders of management to move car production in the United States to avoid prices.

Canada at $ 30 billion Canadian dollars ($ 21 billion) in reprisals has been applied to items such as American orange juice, peanut butter, coffee, household appliances, shoes, cosmetics, motorcycles and certain paste and paper products.

Ottawa forecasts additional $ 125 billion rates (87 billion US dollars) in three weeks on American products such as electric vehicles, fruits and vegetables, newspaper, beef, pork, electronics, steel and trucks.

Despite Trump’s statement that the United States does not need Canada, almost a quarter of the oil that America consumes a day comes from Canada. About 60% of US imported oil imports also come from Canada and 85% of American electricity imports.

Canada is also the largest foreign supplier of steel, aluminum and uranium in the United States and has 34 minerals and critical metals that Pentagon is impatient and invests in national security.

Canada is the main export destination for 36 US states. Nearly $ 3.6 billion Canadian dollars (2.7 billion US dollars) in goods and services cross the border every day.

The provinces of Canada, on the other hand, increase inter-provincial trade barriers in order to reduce Canada’s dependence on the United States