Prime Minister Justin Trudeau said on Saturday that Canada will respond to Donald Trump's tariffs with 25 per cent tariffs on $155 billion of U.S. goods.»»» ...
His excuse is the trade deficit. EU exports more to the US than they import. He wants the EU to buy more US oil and gas. Also Greenland, he thinks he can take the EU economy hostage to get Greenland
I’m not sure he has the power to just impose tarrifs unilaterally. His excuse was the drugs and border for Canada which allows him to use some obscure law from the 70s to claim an emergency but that doesn’t apply to Europe is my (limited) understanding.
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Is Canada going to start working on trade deals with EU?
Seems like we’re getting our tariffs soon too. Gobshite. Wonder what his excuse will be for us since it’s not going to be drugs or borders.
One way to offset the damage would be for the EU and Canada / Mexico to start trading more.
His excuse is the trade deficit. EU exports more to the US than they import. He wants the EU to buy more US oil and gas. Also Greenland, he thinks he can take the EU economy hostage to get Greenland
I’m not sure he has the power to just impose tarrifs unilaterally. His excuse was the drugs and border for Canada which allows him to use some obscure law from the 70s to claim an emergency but that doesn’t apply to Europe is my (limited) understanding.
Why do you think the laws matter?
Already done. CETA was provisionally applied in 2017.
Full ratification unlikely just due to the nature of how the EU half works.
https://en.m.wikipedia.org/wiki/Comprehensive_Economic_and_Trade_Agreement