OTTAWA — Just as the fog of uncertainty shrouding North America’s new trade deal was starting to lift, Canada found itself socked in again Friday after U.S. President Donald Trump abruptly threatened Mexico with fresh tariffs tied to the influx of migrants at the southern border.
Unlike Trump’s steel and aluminum tariffs, which were ostensibly a national-security measure, the newest ones — five per cent on all Mexican exports beginning June 10, increasing by five per cent a month to a maximum of 25 per cent by October — would fall under the International Emergency Economic Powers Act, which the president invoked Thursday.
“The likely delays that will follow in the wake of IEEPA tariffs will require Avengers-like ability to transcend space and time. ‘End Game USMCA’ may be on hold until this issue is resolved.” Trump and Trudeau spoke by phone Friday, but a description of the conversation released by the Prime Minister’s Office made no mention of the latest developments, noting only that the pair “reiterated their commitment to the new North American Free Trade Agreement and welcomed progress towards its ratification.”
“The president will be blaming the Democrats for blowing up this great trade deal — ‘I told you I’d get rid of NAFTA.’ I can see this thing for his election: ‘I told you I’d blow up NAFTA, I told you I’d get rid of it. I did that for you. And I got you this really great deal, and it’s going to be amazing. And you know who threw that out? That was Nancy Pelosi and those Democrats. They ruined this.’ And that’s what I think is going to happen.
But at the same time, Freeland said, Canada will move forward on ratifying the deal as the other two countries do — by implication, if one or both of them holds the agreement up, Canada won’t charge ahead.
What will this new agreement do if the US keep changing the rules?
any agreement with this guy in charge isn't worth the paper it's written on
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