Carney returns to Trump’s car rates, warns US commercial actions “will break the global economy”
The liberal leader Mark Carney said that Thursday the transfer of the President of the United States Donald Trump to compensation rates practically on all countries “will break the global economy”, the torpedo economic growth and cause devastating consequences for workers and businesses in this country and all over the world.
Carryy said that Trump’s rates against Canadian goods are “unjustified, unjustified and missed” and the country must go back with what he called “carefully calibrated and targeted countermeasures” to clarify that Canada will not represent this type of economic wide.
The liberal leader stated that the government will collect a rate on US manufacturing vehicles that do not comply with the Canada-USA-Mexico agreement, to combine what the Americans have done to the Canadian automotive industry on Wednesday.
“We have to respond both with purposes and forcefully,” he said. “We are a free, sovereign and ambitious country. We are masters in our home. We will fight to end these rates.”
Carney said that the US commercial war already has an impact: Stellantis will minimize its huge assembly system of Windsor, Ontario, due to the Trump rates. Ottawa “will do everything in our power” to protect workers, even with financial assistance, said.
Pursue more “reliable” commercial partners
Carney, a former governor of the Canada bank, said that the US rates will be extremely disruptive for the American economy-growth will slow down even if prices increase-and there could soon be a recession, which means that there could be knock-on effects in Canada.
Carryy said that Trump is dismantling the world commercial system and Canada must make a difficult pivot to build their economy and pursue better relationships with “reliable” commercial partners, including Coucine from the Commonwealth such as Australia and the United Kingdom, but also Mexico, France and other countries in Europe.
“We have to do extraordinary things for ourselves, we must do things previously thought impossible at speed that we have not seen for generations,” said Carney, promising for the economic development of the turbello with an ambitious construction program.
“Now we live in a new world. It will be difficult for the Canadians, but I have no doubt that we will climb the challenge,” he added, adding that the country has gathered in the past in the face of apparently insurmountable obstacles and we can do it again.
Carney said that the “old relationship” of Canada with the United States is “finished” and the decades of pushes to become more integrated with the Americans will end while Trump unleashes his attacks on the country.
But Carley said that there is still the opportunity to reach a sort of agreement with Trump on economic and security issues after the imminent federal elections.
Carley said she accepted with Trump to sit after the campaign – if he wins the elections – to renegotiate the Cusma, which was left to shreds following the president’s commercial war.
