Further to Mark Carney saying Canada is “disappointed” at Trump’s 35% tariff on Canadian goods, the prime minister said the Canadian government “will act to project Canadian jobs, invest in our industrial competitiveness, buy Canadian and diversity our export markets”.
Carney said parts of Canada’s economy including lumber, steel, aluminium and automobiles were heavily impacted by American tariffs but despite the steep levy on US-bound Canadian goods outside of the US-Mexico-Canada trade agreement, Canada remained committed to the deal.
Carney said in his statement that the US had justified its 35% rate on the basis of the cross-border flow of fentanyl, “despite the fact that Canada accounts for only 1% of