{"id":110742,"date":"2025-08-01T16:53:16","date_gmt":"2025-08-01T16:53:16","guid":{"rendered":"https:\/\/www.europesays.com\/us\/110742\/"},"modified":"2025-08-01T16:53:16","modified_gmt":"2025-08-01T16:53:16","slug":"carney-disappointed-in-trumps-35-tariff-on-canada-national","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/110742\/","title":{"rendered":"Carney \u2018disappointed\u2019 in Trump\u2019s 35% tariff on Canada – National"},"content":{"rendered":"

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Prime Minister Mark Carney<\/a> says he is \u201cdisappointed\u201d by U.S. President Donald Trump\u2019s<\/a> imposition of a 35 per cent tariff<\/a> on Canada but that even with that move, Canada still faces among the lowest average tariff rates of U.S. trading partners because of CUSMA.<\/p>\n

\u201cWhile the Canadian government is disappointed by this action, we remain committed to CUSMA<\/a>, which is the world\u2019s second-largest free trade agreement by trading volume,\u201d Carney wrote in a letter posted on X early Friday.<\/p>\n

\u201cThe U.S. application of CUSMA means that the U.S. average tariff rate on Canadian goods remains one of its lowest for all of its trading partners.\u201d<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tCarney \u2018disappointed\u2019 in Trump\u2019s 35% tariff on Canada\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

Carney cautioned that other sectors remain heavily impacted due to industry-specific tariffs, including on lumber, steel, aluminum and automobiles.<\/p>\n

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\u201cFor such sectors, the Canadian government will act to protect Canadian jobs, invest in our industrial competitiveness, buy Canadian, and diversify our export markets,\u201d Carney wrote.<\/p>\n

The letter was posted just hours after Trump signed an executive order that would raise his tariffs on Canada to 35 per cent starting midnight Friday.<\/p>\n

The White House confirmed that goods under the Canada-U.S.-Mexico agreement (CUSMA) on free trade will remain exempt from the higher tariff.<\/p>\n

The White House added that goods transshipped through other countries to avoid the 35 per cent tariff will instead be charged a tariff of 40 per cent.<\/p>\n

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Canada-U.S. Trade Minister Dominic LeBlanc is in Washington, D.C., this week for ongoing negotiations. His office declined to share an update on those talks when asked by Global News on Thursday.<\/p>\n

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The Prime Minister\u2019s Office also declined to comment when asked if Carney had reached out to Trump or the White House this week.<\/p>\n

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Conservative Leader Pierre Poilievre said in a post on X that the party continues to \u201chold out hope\u201d for a deal to end all U.S. tariffs, not just the 35 per cent duties but those on steel, aluminum and all other products.<\/p>\n

\u201cThat is the deal Canada had before and the Prime Minister should accept nothing short of that,\u201d Poilievre wrote. \u201cWe must stand our ground and put Canada first.\u201d<\/p>\n

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He added the Conservatives would work with all parties to end the \u201cunjustified\u201d tariffs.<\/p>\n

Dan Kelly, the president of the Canadian Federation of Independent Business,\u00a0said\u00a0it\u2019s \u201cgood news\u201d CUSMA exemptions remain but the uncertainty from the tariffs will still \u201ctake a toll\u201d on small businesses.<\/p>\n

\u201cCFIB supports the view that no deal is better than a bad deal, but the lack of resolution means small firms will not be able to plan for the future or continue to put off difficult choices,\u201d Kelly said.<\/p>\n

He added some businesses have held off on downsizing or laying off workers in hopes of a deal being reached.<\/p>\n

Trump, in an interview with NBC News on Thursday after announcing new rates for his reciprocal tariffs, said that even though the duties would stay in place, \u201cit doesn\u2019t mean that somebody doesn\u2019t come along in four weeks and say we can make some kind of a deal.\u201d<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u2018Still time to rebalance\u2019, expert says after Trump slaps 35% tariff on Canada\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

The 35 per cent tariff is an increase from the 25 per cent duty that was levied by Trump earlier this year over what he has described as opioid trafficking and border security issues with Canada.<\/p>\n

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