OTTAWA: Canada ’s relationship with the United States will “never be the same” after new tariffs, says Foreign Minister Mélanie Joly.
Joly stated on Friday that Canada understands the US wants to operate differently but will seek trade and security agreements.
She emphasized that trade and security cannot be treated separately, urging negotiations with Washington.
Trump’s tariffs forced Canada to act, Joly noted, highlighting the need for a strong response.
Counter Tariffs
Canada imposed 60 billion Canadian dollars in counter tariffs, showing strength to gain leverage in negotiations, Joly explained.
New tariffs on US auto products were announced as part of Canada’s strategy.
Joly said these countermeasures are Canada’s best chance of reaching a fair trade deal with the US.
She stressed that Canada is applying “maximum pressure” on the Trump administration.
US Tariffs
The US has previously imposed 25% tariffs on Canada and Mexico, citing migration and fentanyl trafficking concerns.
Trump agreed to pause some tariffs on products covered by the USMCA free trade agreement.
Despite this, the damage to Canada-US relations remains, Joly stated.
Future Uncertain
Joly believes Trump only respects strength, making Canada’s strong stance necessary.
She warned that the future of trade relations remains uncertain.
Canada will continue pushing for fair policies and trade agreements.
Experts predict long-term effects on North American economic stability.
Long-Term Impact
Many analysts suggest Canada may seek stronger ties with other trading partners.
Businesses remain concerned about ongoing instability in North American markets.
Both countries face economic challenges as a result of the dispute.
Canada insists on protecting its interests in future negotiations.
The fallout from the tariffs could redefine global trade alliances.
