The president of the United States, Donald Trump, says he will impose radical global tariffs on Wednesday, but Brunswick’s prime minister Susan Holt says that Prime Minister Mark Carney told the provincial and territorial leaders that Canada is expected to suffer less damage than other commercial partners.
After meeting with Carney on Friday, Holt said Sunday that he was “encouraging” listening “that it seems to receive a favorable level, if you can call it that, level of tariffs.”
According to Holt, the prime minister told the premiers that the expectation are different levels of tariffs, and that Canada falls at the lowest level, “as low as 10 or 15 percent.”
Not only that, tariffs cannot be applied throughout the Canadian economy, he said.
“It means that our projections in New Brunswick so that 11,000 potential people lose their jobs can be reduced to something smaller than that,” Holt said in an interview in CBC’s Rosemary Barton Live.
Thursday later Trump announced a 25 percent rate in all finished vehicles. Imported to the United States, Carney spoke with journalists about the next world tariffs and referred to a relatively positive result.
“We have the best business treatment, it is the way I would qualify within what the Americans have proposed,” said Carney.
Prime Minister Mark Carney says that Canada’s old relationship with the United States has ended, adding that Canada will respond with a retaliation action if the president of the United States, Donald Trump, advances with his automobile tariff proposals next week. Carney said he will probably talk to Trump the next day or two, the first conversation between the two leaders since Carney swore.
The prime minister added that Canada has “several measures” that he can take in response. But he was light in the details.
“In a negotiation, it makes no sense to say what you are going to do in the future,” said Carney.
Holt said the prime ministers discussed the retaliation strategy of Canada and want the answer to be “appropriate, strategic and proportional.”
Carney talks to Trump
The prime minister spoke with Trump on Friday for the first time since he swore. The president of the United States respected the sovereignty of Canada during the conversation, said Carney.
“Maybe there was a different impression before about how strong Canada is really,” he said during a press conference in Montreal.
Carney said the call was “cordial” and “positive.”
On Friday, Trump described his conversation with Carney as “very productive.”
The president of the United States, Donald Trump, and Prime Minister Mark Carney acclaimed his first phone call as “very productive” and “cordial”, but although Trump refrained from referring to Canada as state 51, warned that automobile tariffs will begin next week as planned.
“I just finished talking to Prime Minister Mark Carney,” Trump wrote in a publication about Truth Social.
That line is notable in its own right since Trump is repeatedly called former Prime Minister Justin Trudeau “Governor”.
The prime minister said that he and Trump agreed to sit and negotiate a comprehensive economic and security relationship between the two countries in the event that the federal elections of next month would win.
Meanwhile, Carney said that cabinet members will remain in contact with their American counterparts, including the Secretary of Commerce Howard Lutnick.
What motivates these global rates?
In mid -March, several Canadian representatives went to Washington to talk to some of Trump’s main commercial representatives. When leaving the meetings, the Canadians said they obtained a clearer understanding of the logic behind Trump’s rates.
The United States government approach is to deal with its annual deficit in federal spending, according to David Paterson, Ontario representative in Washington.
According to the United States Treasury Department, the Federal Government directed a $ 1.83 billion of American deficit In fiscal year 2024.
There are three things that the United States government is making the deficit affect, Paterson said during an interview about CBC’s Power and politics Two weeks ago.
The First Minister of Ontario, Doug Ford, and several federal officials met with the United States Secretary of Commerce, Howard Lutnick, in Washington, a meeting that Ford says made him feel more positive about the commercial relationship of Canada-United States. Power & Politics listens to the Ontario representative in Washington, DC, David Paterson.
The first is an important budget resolution required by billions of dollars in expenses and tax cuts, which is “something that should not increase that deficit even more while keeping tax levels and competitiveness low,” Paterson told the host David Cochrane.
The other two are measures to help the costs of expenses and taxes occur without increasing the deficit, including the reduction of government spending through the Department of Efficiency and Tariffs of the Government of Elon Musk, which are destined to be a new source of income and attract investments to the United States.
“Tariffs are now a global policy of the United States,” Paterson said. “This is a historical change for global trade patterns, and [the Americans are] very aware of that. “
