Ontario Premier Doug Ford: Canada is "diversifying" trade as tensions flare with US
From CNN's Elisabeth Buchwald
Ontario Premier Doug Ford, who has played a key role in trade negotiations with the United States, said Canada is seeking to ramp up trade with other partners after its southern neighbor imposed higher tariffs and relations have soured.
The tariffs on Canadian goods start at a minimum of 35%, unless they are compliant with the terms of the United States-Mexico-Canada agreement, in which case they face no tariffs.
“Canada is diversifying our trade. We’re seeing a 25% increase in trade with the European Union; the UK is up by 30%,” Ford told CNN’s Wolf Blitzer on Thursday.
“So as we’re diversifying and onshoring products, the American people are losing their jobs,” he said.
Ford said he expects Canada’s Prime Minister Mark Carney to meet with President Donald Trump in the near future.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.