Associated Press
Two Canadian Cabinet ministers left a meeting at Mar-a-Lago on Friday without assurances President-elect Donald Trump will back away from threatened tariffs on all products from the major American trading partner.
The Canadians called the talks “productive” and said there would be further discussions but one official said the Americans remain fixated on the U.S. trade deficit with Canada.
Finance Minister Dominic LeBlanc and Foreign Minister Mélanie Joly met with Howard Lutnick, Trump’s nominee for commerce secretary, as well as North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department.
Trump has threatened to impose 25% tariffs on all Canadian products if Canada does not stem what he calls a flow of migrants and fentanyl into the United States — even though far fewer of each cross into the U.S. from Canada than from Mexico, which Trump has also threatened.
“Minister LeBlanc and Minister Joly had a positive, productive meeting at Mar-a-Lago with Howard Lutnick and Doug Burgum, as a follow-up to the dinner between the Prime Minister and President Trump last month,” said a spokesman for LeBlanc.
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Republished with permission of the Associated Press.
5 comments
The Cat In The MAGA Hat
December 28, 2024 at 1:12 pm
I do not know why they are kissing Trump butt,unless they are insecure
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Cindy
December 29, 2024 at 7:36 pm
And back to the poppyseed crisis. Calling and making you put out your hands and toes
It’s Complicated
January 3, 2025 at 8:14 am
The U.S. trade deficit with Canada is mostly due to importation of crude oil and other refined petroleum products used by U.S. manufacturers. A tariff will increase cost of goods sold, resulting in higher prices for whoever purchases the downstream products. If the products are exported from the U.S., the U.S. manufacturers will be less competitive on the world market (due to higher manufacturing costs) as a result. If the products are sold in the U.S., the American public will pay more. Unless import products are being price supported by foreign nations to give them a market edge over U.S. producers of those same products, tariffs make zero sense. And even then, the U.S. government price supports and tax breaks several sectors of the U.S. economy (e.g., agriculture), so why shouldn’t foreign nations apply the same standard and tariff U.S. products being imported into their nations (if the U.S. products compete with their own local producers)? IF the imported products do not compete with their own local producers, then the U.S. government is functionally subsidizing cost of goods sold for foreign importers. This tariffs stuff is a messy slippery slope because of all of the ‘if-then’ possibilities.
Idk
January 5, 2025 at 9:57 am
Tariffs and consumers cash will clash.
50 dollars a tee shirt gets rather expensive.
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