TORONTO (AP) – Outgoing Canadian Prime Minister Justin Trudeau said on Thursday that US consumers will pay more each time that President Donald Trump would decide to apply radical prices on Canadian products.
Trump told journalists from the oval office on Thursday that he planned to priced Canada and Mexico at 25% of rates on February 1. Trump before threatened Bringing new prices back to Mexico, Canada and China as soon as he took office, but the prices were not applied on the first day.
Trudeau said that if Trump advances “whether on January 20, February 1 or February 15 as a presentation of Valentine’s Day, or on April 1 or each time” Canada will respond with reprisals and ” Price of American consumers on just about everything will rise.
“We don’t think he wants,” Trudeau told journalists in Ottawa.
By targeting the second largest trading partner in America after Mexico, Trump risks Make a market upheaval for cars, wood and oil – which could all quickly go back to consumers.
Alberta Prime Minister Rich in oil, Danielle Smith, said that Americans in some states could pay more than a dollar per gallon more for gas if Trump puts the tariff on Canadian oil.
Despite Trump’s repeated complaint that the United States does not need Canada, almost a quarter of the oil that America consumes a day comes from Canada.
The northern neighbor of America also has 34 minerals and critical metals that the United States is impatient and is also the largest foreign supplier of steel, aluminum and uranium.
“The United States should work even more with Canada on our energy, on our critical minerals, on the goods they need to provide the economic growth Donald Trump has promised,” said Trudeau.
“This is our first choice. If they advance on prices, we are ready to answer in a strong way, but in a way … to understand how to delete them as soon as possible. »»
Canada is Watching reprisal prices On the American orange juice, the toilets and certain steel products if Trump follows his threat. When Trump imposed higher prices during its first mandate, Canada announced billions of dollars of new rights in 2018 against the United States in a tit-form response to new Canadian steel taxes and L ‘aluminum
“Everything is on the table.” Said Trudeau. “It would be bad for Canada, but it would also be bad for American consumers.”
Nearly $ 3.6 billion in Canadian dollars ($ 2.7 billion) in goods and services cross the border every day. Canada is the main export destination for 36 US states.
Trudeau said Trump remains concerned about the border. The American president told journalists at the White House earlier this week that, in his opinion, the quantity of fentanyl that comes from Canada and Mexico is “massive”.
“We have pointed out that less than one percent of illegal drugs entering the United States, less than one percent of migrants entering the United States come from Canada, but we are always investing more than a billion dollars and reinforcing Our border, “said Trudeau.
Trump continues to wrongly launch the American trade deficit with Canada – a nation rich in natural resources that provides products to the United States like oil – as a subsidy. Trump wrongly says that the United States has a trade deficit “$ 200 billion”.
“We will no longer have that. We cannot do it, “Trump said in a virtual appearance at the World Economic Forum. “You can always become a state, and if you are a state, we have no deficit. We will not have at you.
