Donald Trump. Photo by Win McNamee / Getty Images
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“Manufacture in the U.S.—and tariffs will be ZERO. Canada will no longer be considered a state!” Trump wrote.
“When it comes to trade, as well as other matters, they are one of the worst countries in the world to do business with. They think they have a right to do this, but WE DON’T NEED CANADA—THEY NEED US!”
Late Friday night, the two countries failed to reach a trade agreement, with each side blaming the other, as Canada prepared to impose tariffs on certain U.S. goods in response to the 50 percent tariffs Trump had imposed on other Canadian goods.
However, auto industry executives who spoke to Reuters on condition of anonymity expressed skepticism about Trump’s threat, noting that the president had previously announced significant tariffs that were never imposed, and that any tariff of that magnitude would likely provoke large-scale retaliatory measures from Canada.
They also noted that there were still several months left until January following the November midterm elections and that Trump’s threat might be aimed at restarting negotiations.
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