Prime Minister Mark Carney said Canada may have to accept some tariffs as part of a trade deal with the United States.
“There is no large amount of evidence at the moment that the Trump administration will be willing to abandon any taxes in any agreement altogether,” he said on Tuesday.
The Prime Minister told reporters ahead of a cabinet meeting in Ottawa that French said all Trump’s trade negotiations so far include tariffs.
Last week, U.S. President Donald Trump announced that he would impose a new 35% tax on Canadian goods starting August 1.
Canada and the United States have been in a trade war since Trump took office in January, with Trump levied painful levies on some Canadian sectors, both in both the taxes on Canada and the global.
Canada has taken its own opposition.
Carney did not say Tuesday that he was willing to accept taxes in any deals with the United States.
At the G7 summit in mid-June, he said he would only sign an agreement that was “in Canada’s best interest”.
He also said he would be willing to impose further anti-elections if Ottawa and Washington cannot reach an agreement.
In addition to the latest Canadian threatening 35% tariffs – including substantial exemptions compared to the current 25% – Trump also imposed a 50% global tariff on aluminum and steel imports and 25% tariffs on all cars and trucks not built in the United States.
The U.S. president also recently announced a 50% copper import tariff, which plans to take effect next month.
Canada sells about three-quarters of goods to the United States and is a center for automobile manufacturing and a major metal supplier, causing U.S. tariffs to particularly harm these sectors.
Nevertheless, under the United States-Mexico Canada Agreement (CUSMA), most of the cross-border trade between the United States, Canada and Mexico is exempt from additional taxation.
US media reported that the agreement has not yet been reached.
A recent report by Royal Bank of Canada said Canadian exports to the United States fell since April, but compliance with Kusma has risen.
The bank census data, citing data from the U.S. Census Bureau, said about 91% of Canadian exports to the U.S. have crossed borderless duties.
exist Interview with BBC on MondayTrump said the United States is “negotiating with Canada” and that will “train well.”
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