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Trump Escalates Trade Dispute with Canada
(MENAFN) US President Donald Trump intensifies his criticism of Canada, describing the country as one of the most difficult partners for Washington to negotiate with amid the ongoing trade dispute.
"They have taken advantage of the United States for many decades," Trump told political commentator Glenn Beck. He accuses Canada of imposing excessive tariffs on American products and treating its relationship with the US as though it were dealing with another US state.
Trump points to an annual US trade deficit of around $60 billion with Canada, arguing that Washington now needs to "teach Canada" that it can no longer "do this."
He also insists that the US is not dependent on Canadian resources, saying that losing access to certain products could be "a little inconvenient" but that alternative sources are available.
According to Trump, he had previously presented Canada with a "pretty good deal" before negotiations deteriorated.
The latest comments come as trade tensions between the two countries intensify. The US introduced 50% tariffs on several Canadian products on Aug. 22, while an additional 50% duty on automotive and steel imports is scheduled to take effect Jan. 1.
Canada has responded by announcing counter-tariffs ranging from 15% to 50% on CAN$27.6 billion worth of US imports, with the measures set to begin Sept. 8.
"They have taken advantage of the United States for many decades," Trump told political commentator Glenn Beck. He accuses Canada of imposing excessive tariffs on American products and treating its relationship with the US as though it were dealing with another US state.
Trump points to an annual US trade deficit of around $60 billion with Canada, arguing that Washington now needs to "teach Canada" that it can no longer "do this."
He also insists that the US is not dependent on Canadian resources, saying that losing access to certain products could be "a little inconvenient" but that alternative sources are available.
According to Trump, he had previously presented Canada with a "pretty good deal" before negotiations deteriorated.
The latest comments come as trade tensions between the two countries intensify. The US introduced 50% tariffs on several Canadian products on Aug. 22, while an additional 50% duty on automotive and steel imports is scheduled to take effect Jan. 1.
Canada has responded by announcing counter-tariffs ranging from 15% to 50% on CAN$27.6 billion worth of US imports, with the measures set to begin Sept. 8.
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