Trump says auto tariffs can be ‘ruination’ of Canada – National


U.S. President Donald Trump is warning {that a} tax on Canadian auto imports can be “devastating” for Canada.

In two situations, Trump spoke about commerce talks with Canada, first to reporters on Air Force One then once more at a fundraiser in North Dakota.

While additionally saying he needs to make a “honest deal” with Canada, he stated he might impose the car tariffs.

“I don’t wish to do something unhealthy to Canada. I can — all I’ve to do is tax automobiles — it could be devastating,” he stated.

Trump spoke whereas Canadian Foreign Minister Chrystia Freeland was assembly in Washington with U.S. Trade Representative Robert Lighthizer.

READ MORE: On NAFTA, the U.S. is testing whether or not Canada’s backside line is for actual

Last week, the U.S. and Mexico reached a preliminary settlement to switch the 24-year-old North American Free Trade Agreement. But these talks excluded Canada, the third NAFTA nation.

Later on the fundraiser, Trump stated all he needed to do is threaten Canada’s automobiles “and so they say, ‘Okay we’ll make a deal!’”

“So each time I’ve an issue with these, you realize, many of those nations that we’re speaking about, particularly the large automobile nations,” he went on. “I simply say, ‘Okay! Look, that’s okay. I’m going to place a 20 per cent tax in your automobiles.’ ‘We’ll do it! We’ll do it, we’ll agree.’”

“Actually in Canada, a tax on automobiles can be the ruination of the nation,” he continued.

WATCH: As effectively as attacking Canada, Trump additionally attacked Obama’s speech

While it’s an exaggeration that Canada can be ruined, economists have stated the nation’s GDP might sluggish by one per cent, and the consequences might be doubled in Ontario — even sending the province right into a recession.

READ MORE: A 25% auto tariff from Donald Trump might ship Ontario into recession: economists

The feedback appear to verify reportedly off-the-record remarks Trump made final week, wherein Trump stated he put up an image of a Chevrolet Impala (which is made in Ontario) when there’s an issue throughout commerce talks.

“Every time we now have an issue with a degree, I simply put up an image of a Chevrolet Impala,” Trump stated, based on The Toronto Star.

Prime Minister Justin Trudeau has promised to guard autoworkers whereas negotiations for NAFTA proceed.

READ MORE: Responding to Trump auto tariffs in type would have ‘catastrophic’ penalties: report

 — with recordsdata from the Associated Press

© 2018 Global News, a division of Corus Entertainment Inc.

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