Trade war ceasefire. Not so fast. Trump has a Canadian garage in his sights
One commercial war is down to go two – maybe more. US President Donald Trump has collected its tariffs against Canada after the market of the market, the factories and the borders.
But it was this week's battle.
Next week there is another when his steel and aluminum tariffs enter into force. After another three weeks later, when Trump threatens other tariffs on many countries.
In recent days, the private and public comments of the Trump team mock the idea that fent Janil was the main reason for its tariff policy.
The biggest risk for Canada is now in the spotlight. And it's bad news if you're one Hundreds of thousands with Canadians with work on the car sector. His target may be you.
In the door, members of the Trump team have been motivated by vehicles in the door, which are obliged to scale sharply in Canada and Mexico, according to the industry, which are not related to three sources.
On Thursday, US President Donald Trump said he suspended his tariffs on some goods from Canada and Mexico, which until April 2, under the Canada-US-Mexican agreement.
Tim Trump went almost so far into public.
His press secretary Carolin Levit asked her message to car companies, who is afraid of April in April, said: “Move the production here.”
Trade secretary Howard Lutnik performed the same point on Fox News.
“Why are our Michigan (auto) works in Canada?” He asked. “(Trump) will say.” Come back. Come back. ”
He, Trump himself, described this week with large US cars, saying that he promised to return a short return from the previous and so-called fentanyl tariffs to allow planning to plan.
But he warned that there would be no freedom from future tariffs.
“I told them.
“I said …” Don't return to me after April 2, “Trump said about automories. “I don't want to hear from you after April 2.”
Most Canadian vehicles exported The United States and Canada sell more vehicles than it goes. But the industry is not one-sided street. Canada is the largest buyer of cars prepared by the United States, and the parts crossroads the border.
What's next?
Trump now threatens tariffs in two stages.
First, there is a 25 percent charge next week steel aeration of aluminumBoth the car industry will be delicate printing for exports, as these metals are their main components. Without exception, vehicles will punish prices.
Then he plans tariffs on the countries of the world to punish the practice of alleged unfair trade. Begins since the beginning of April 2. This is based on reports He has ordered his team To make that are April 1.
Trump found Thursday that he was watching Canada as one of the main targets. He is preparing for the rehabilitation of the Canada-US-Mexican Treaty. According to the law, which must take place in the next decade, but now expected by an accelerated schedule.
Trump complained about everything in Canada's protected dairy products to bank regulations, GST. Dairy products often came tense and This week's junk phone call with Prime Minister Justin Trudo.
Will return again.
He swears that he does not pierce the shell screens on the red river this week that represents the exchange on the exchange.
“I don't even watch a market,” Trump said.
Asked Asthin Truden, spokesman on Thursday's care in Ottawa, he asked to describe his last call on tariffs with US President Donald Trump. Truden, who did not give features, stressed that rumors continue and repeat that Canada focuses on how people help people to cope.
What does chaos look like?
The market, however, looked at the economy. And it's a mess. Customs brokers had a unique view in the influence of the real world.
Strader-Ferris International's Ottawa Business Director Jesse Mitchell, who works with hundreds of cross-border companies, says companies dawn with unexpected bills – $ 50,000 and $ 100,000. Some because their deliveries reached the border later than expected on Tuesday midnight, when the tariffs began.
In other cases, they were unaware that the tariff was indebted. For example, Mitchel quoted one Canadian company, which corrects heavy cars.
He said that the company will import $ 50,000 to charge for renovation, and it will return to the United States and significantly realize that another 25 percent of its border will pay.
Canadian companies had no choice. He says many people paid the tariff to avoid losing their US customer.
In return, Methchell says that the companies of both sides keep the cargo transportation, assuming that hope will return.
He has some extent. Trump has decreased the tariffs for goods that meet the Canada-US-Mexican Agreement, which does not contain controversial areas such as timber, dairy products and some other products. Even the details there are not clear.
“It causes a headache for everyone, of course in Canada, but probably in the United States,” said Mitchell.
Seeing chaos approaching, companies rushed to ship products until Tuesday.
Commercial exports are US extraordinary in the United States since November, Montreal's bank trends on Thursday tariffs, as well as broken Loonie.
The Canadian Chamber of Commerce said the return of Thursday would weaken some damage. But not almost all.
“This is not a moment of celebrating. The economy is not a toy to play, “said Matthew Holmes, Vice President of the Chamber.
“Permanent threats and economic uncertainty took their money. We see this to be delayed business investment, stunning consumers, suspended capital flows and unstable stock market.
For Canada, this livelihood exists in many areas. Dozens of Canadian steel workers can feel it next week, not talking about the remote automatic part.
The economy may not be a game. But employees will have to play it after the tour after the tour.
