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OTTAWA – Mark Carney said his cabinet has left “instructions” asking officials to prepare for the next administration to be in talks with U.S. President Donald Trump’s administration.
On Friday, the liberal leader put his campaign on hold for the third time in three weeks to convene a cabinet meeting of Ottawa’s federal Canada-U.S. relations.
After the meeting, the Prime Minister told reporters that the meeting would discuss the whirlwind of last week’s U.S. tariff announcement.
He said the federal government has also begun negotiations for a new trade and security agreement with the United States after the April 28 vote.
“We have given the directions for officials to ensure that the next government, no matter which kind of government Canadians choose, will be in the best position to negotiate with the United States. As I and I agree, this will start from early May,” Carney told reporters in a brief statement. He did not ask.
He noted in French that the instructions included regulations, statistics and ways to prepare a response to the U.S. government to ensure “effective” negotiations.
Carney said in his first call with Trump two weeks ago that the president said he agreed that the two countries should start negotiations on a new economic and security agreement.
Carney’s comment strongly suggests that he thinks the Canada-Mexico (Cusma) free trade deal is actually dead in the historic trade war between Canada and the United States
On Friday, Carney also told reporters that the tariff whirlwind in almost all countries announced last week had an impact on the global economy and Canada.
“In financial conditions, a real obvious tightening, the initial signs of a global slowdown will affect us, unfortunately, in the Canadian economy, especially in the Canadian labor market.”
Last week, Trump announced that “reciprocity” tariffs range from 10% to more than 50% of all importers, depending on their country of origin.
Canada and Mexico are the only countries exempted from Kusma, after announcing 10% to 25% of U.S. border taxes on all commodities covered by uncovered free trade agreements.
These tariffs are at a maximum price of 25% on all foreign-made automobile imports, including Canadian vehicles not covered by Kusma.
But Trump has slightly retrospectively earlier this week, bringing the “countdown” tariffs to 10% in a trend that began to spread across the U.S. bond market. Canada and Mexico are not affected by the announcement either.
On April 9, Canada began a 25% anti-election campaign on U.S.-made vehicles, and Carney said that as long as U.S. border taxes remain, Carney will remain in the status quo.
State Post
cnardi@postmedia.com
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