International
U.S. orange juice and steel to be on Canada's retaliation list if Trump imposes tariffs
TORONTO (AP) Canada plans to impose retaliatory tariffs on U.S. orange juice, toiletries and some steel products if U.S. President-elect Donald Trump follows through on his threat to impose tariffs of 25% on all Canadian products, said a senior official familiar with the matter. said Thursday.
The official said the extensive list was not yet completed. The official spoke on condition of anonymity because he was not authorized to speak publicly on the matter.
Trump said this week he would use economic coercion to pressure Canada into becoming the country's 51st state. And he continues to falsely portray the U.S. trade deficit with Canada, a natural resource-rich country that supplies the United States with products like oil as a subsidy.
Outgoing Prime Minister Justin Trudeau said Trump was trying to distract from his threats of high tariffs by talking about making Canada the 51st state.
President Trump, who is a very skilled negotiator, is somewhat distracting people from this conversation, Trudeau said.
Everything American consumers buy in Canada will suddenly become much more expensive if it moves forward with these tariffs. And that's something we need to focus on a little more.
Trudeau made the comments in an interview with CNN in Washington, where he attended the funeral of the late US President Jimmy Carter.
When Trump imposed higher tariffs during his first term, other countries responded with retaliatory tariffs of their own. Canada, for example, announced billions in new tariffs in 2018 against the United States, in response to new taxes on Canadian steel and aluminum.
We would certainly respond as we did years ago, Trudeau said.
Imports of yogurt from Wisconsin and whiskey from Kentucky, the home states of leading Republicans Paul Ryan and Mitch McConnell, respectively, were hit with 10% tariffs in 2018.
Florida, Trump's home state, is known for its extensive citrus production.
Trump said again Thursday that the United States does not need anything from Canada, including oil.
Nearly a quarter of the oil consumed daily by the United States comes from Canada, with Alberta exporting 4.3 million barrels per day to the United States. According to the U.S. Energy Information Administration, the United States consumes about 20 million barrels per day, while it produces about 13.2 million domestically. barrels per day.
We don't need their energy. We don't need their oil and gas, Trump said. We don't need anything they have.
Ontario Premier Doug Ford, leader of Canada's most populous province, said Trump had been misinformed that the United States did not need Canadian products.
The auto industry's supply chains are deeply intertwined, with parts made in Ontario used in cars assembled in Detroit and then sold back to Canada. Ford noted that in the automotive sector alone, parts can cross the Canada-U.S. border multiple times.
Ford warned that Canada would retaliate if Trump imposed tariffs. He said a wide range of U.S. products shipped to Canada would be targeted, but he declined to specify which ones.
Senior Canadian government officials say Trump's comments that Canada should become the 51st state are no longer a joke and aimed at undermining America's closest ally.
The joke is over, Dominic LeBlanc, the country's finance minister and head of U.S.-Canada relations, said Wednesday. It's a way for him, I think, to sow confusion, to agitate people, to create chaos knowing that it will never happen.
LeBlanc discussed with new Trump Cabinet officials a billion-dollar plan to increase border security in an effort to deflect Trump's threat of tariffs. Trudeau called it a victory for Trump.
Canada is the primary export destination for 36 U.S. states. Nearly C$3.6 billion (US$2.7 billion) worth of goods and services cross the border every day.
Sources 2/ https://apnews.com/article/canada-trump-tariffs-orange-juice-trade-deficit-d388d642c89421c136a4821351e91d84 The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]