The Canadian Prime Minister says Trump’s tariffs are basically changing world trade
“The new tariffs imposed by the United States basically change world trade and will have a negative impact on the US economy,” said Prime Minister Mark Carnery.
“President Trump has recently announced a set of measures that fundamentally change the international trade system,” ISNA reported Wednesday evening.
Kareni believes that the consequences of new tariffs will worsen over time and will damage the United States itself.
“So we are in a situation where we are going to have a negative impact on the US economy, though the set of measures directly affects millions of Canadians,” Rihanovosti reported.
The White House said in a statement that the United States has been imposing a 5 % tariff on all foreign imported goods since April 5, and has been imposing more tariffs for countries with the United States with the highest trade deficit.
Earlier, the United States had imposed 2 % tariffs for its neighbors, Canada and Mexico.
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