European Union, Trump and Canada
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CNW/ – The Government of Canada is focused on strengthening and diversifying international partnerships, working with the European Union (EU) to protect and create jobs
Meanwhile, Brazil announced its own countermeasures while Mexico remains confident it will reach a deal by Aug. 1.
Today, the Prime Minister, Mark Carney, spoke with the President of the European Commission, Ursula von der Leyen.
Meanwhile, Trump announced a 35% blanket tariff on imports from Canada, up from 25% announced in February, the ABC reported. Trump justified the tariffs as necessary to manage the opioid crisis, which he said was partly because of fentanyl being smuggled into the US from Canada.
The European Union will propose bilateral agreements with the UK and Canada as soon as the end of July, which would give them access to the bloc’s new €150 billion ($176 billion) loan fund for defense production,
In a letter released on his social media platform, Donald Trump told Canadian Prime Minister Mark Carney the new rate would go into effect on August 1 and would go up if Canada retaliated.
Technology Technology The Big Story What Canada’s decision to scrap its tech tax means for future trade talks Canada’s decision to rescind its digital services tax