Canada will target American manufacturing vehicles if Trump does not back down
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- The Trump administration has struck the goods from Canada and Mexico with a 25%price.
- Canada quickly responded with a 25% price on a variety of products, including motorcycles and alcohol.
- The Canadian government will increase pressure and eventually target American manufacturing vehicles.
President Trump’s trade war has arrived and she has already had huge repercussions because the stock markets fall and the reprisal rates come into force. This means that companies and consumers will lose, on both sides of the border.
From the United States, the Trump administration has targeted Canada and Mexico products with a 25%rate. He “will remain in force until drugs, in particular fentanyl and all illegal foreigners stop this invasion of our country”.
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The White House continued to assert that Trump “implemented prices in Canada and Mexico under the international emergency economic law to combat the extraordinary threat to American national security, including our public health posed by uncontrolled drug trafficking”. The administration also underlined an “sustained influx of illegal foreigners”, which “crush our schools, reducing our wages, reducing our housing supply and increasing rents, overflowing our hospitals, draining our well-being system and causing crime”.
Canada has not lost time to respond, because the government said it “would not remain the United States imposes unjustified and unreasonable prices on Canadian products.” As part of this effort, a price of 25% was immediately applied to a list of goods worth $ 20.7 billion ($ 30 billion CAD).
The list includes 1,256 articles, including “orange juice, peanut butter, wine, spirits, beer, coffee, household appliances, clothes, shoes, motorcycles, cosmetics and certain paste and paper products.” Pasta, firearms and maple sugar / maple syrup.
It is a long list and it will reach $ 106.7 billion ($ 155 billion CAD) of goods if the United States maintains its prices on Canadian products. The targeted items would develop to include electric vehicles, trucks and buses. Other affected products would include fruits and vegetables, electronics, aluminum and steel.
The Canadian government then noted that all the options are on the table and they consider “additional measures”. These could include “non-pricing options”, designed to punish the United States.
Canada has qualified complaints from the non-meaning White House, because “less than 1% of fentanyl and illegal level crossings come from Canada.” The government has also noted that prices will have “devastating consequences for the American economy and people” because they “pay more in grocery stores and gas pumps, and potentially lose thousands of jobs”.
The officials then noted “Canada is the best customer of American goods and services … buying more American goods than China, Japan, France and the United Kingdom combined.” The country is also the best export market for 36 US states and 43 states export more than a billion dollars ($ 1.5 billion CAD) in Canada each year.
In addition to the official government’s response, Chrystia Freeland, member of the House of Commons and candidate to replace Prime Minister Justin Trudeau, repeated his threat to hit Tesla with a 100%tariff. She also told MSNBC that Canada could tackle other companies affiliated with Elon Musk as Starlink.
Mexico’s response was silent in comparison, but president Claudia Sheinbaum Pardo said that the country would have more to say on March 9. She also said that Mexico had taken major measures to respond to Trump’s concerns over the past 30 days.
