Canada struggles to ease Trump tariffs despite Carney concessions

https://www.ft.com/content/2c2217d8-d01b-4135-a79e-c92dd8dcd507

Posted by joe4942

11 comments
  1. Canada no longer expects to win full tariff relief from the US despite recent talks in Washington after Ottawa lifted many retaliatory duties. A Canadian delegation led by Dominic LeBlanc met US officials including Commerce Secretary Howard Lutnick and reported progress but said several technical issues remain unresolved. Prime Minister Carney lifted most reciprocal tariffs to pursue a deal, yet Canada still faces steep levies on key exports such as steel, aluminium, autos, copper and softwood lumber not covered by USMCA. The concessions have drawn mixed reactions, with criticism for abandoning earlier firmness and praise for pragmatic steps aimed at protecting the economy. Observers note Canada is isolated compared with other major partners that secured deals with the US, suggesting concessions were necessary to try to regain tariff relief.

  2. Find other markets even if its hard and stop pandering to the crazy. This elbows up thing isn’t looking so good when you keep trying to “win over” trump.

  3. It is always the same story with these tariffs. Canada bends over backwards making concessions and showing good faith, and Washington still holds the line like nothing happened. The whole point of free trade was supposed to be stability and predictability but with Trump tariffs it just turns into political leverage. You end up punishing Canadian industries that are tied so tightly to the US market while American consumers barely even notice except maybe a few cents more on a product. It feels less about economics and more about keeping a bargaining chip ready for election talking points.

    Carney or whoever can promise reforms, climate adjustments, or banking tweaks but none of that matters if the White House is chasing headlines. At some point Canada has to decide if it keeps playing the patient neighbor role or actually pushes back.

  4. having read Carney’s book, ‘value(s), He is way smarter.

  5. Trump needs to stop humiliating Canada.

    Canada needs to surrender or face economic collapse.

  6. Did Canada PM just realized that china isnt their largest market..? Lets go USA! Everyone has to step up and pay american prices. Americans have long subsidized the world economic growth by paying substantially higher prices for everything.

  7. Struggling? Canada didn’t bend to the BS like some other countries did. 

  8. The “concessions” were matching the US tariffs, aside from the sectoral tariffs. America took tariffs off USMCA items back in April, now Canada matched that in taking tariffs off USMCA goods.

    Why does everyone see this as a concession?

  9. I’m still guessing the courts rule his tariff power is illegal.

  10. Canada learning hard and fast that they aren’t a world power and can no longer masquerade as such.

  11. Parity means the world must pay American prices. If insulin costs $35 in the United States, it should cost $35 in Canada as well

    The U.S. consumer has long subsidized the global economy.

    The American market is enormous precisely because it is open to all a true “free-for-all” marketplace with minimal trade barriers and no artificial price ceilings.

    Americans pay substantially higher prices compared to other countries.

    This is the cost of maintaining a genuine private marketplace where competition determines outcomes.

    countries like Canada maintain extensive barriers to shield their domestic markets from global competition.

    This difference is most visible in healthcare.

    A vial of insulin, for example, may cost only $5 in Canada, while the same vial exceeds $35 in the United States.

    Canada, however, does not bear the cost of expanding or sustaining these markets globally.

    Instead, it benefits from America’s open-market policies and international economic commitments, in many ways, a fortunate by-product of U.S. over generous foreign economic policies.

    U.S. policy prioritized global stability at the expense of domestic cost.

    Today, trump has a new approach, one that seeks fairer reciprocity, ensuring America no longer carries the burden alone.

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