Trump says he rejected meeting with Justin Trudeau

27 September, 2018, 02:05 | Author: Sheri Evans
  • Trade war: Ford looks at making more cars in China to beat tariffs

The increasing exchange of tariffs makes it hard to plan for the future and, with tariffs on vehicles exported to China now reaching 40 per cent, there is no business case for exporting vehicles from the United States, he said.

"I don't think there's anything to read into it", Trudeau said on the brusque handshake, adding that he regularly engages with Trump and had a "very good call" with him just last week.

Joseph Hinrichs, Ford's executive vice-president for global operations, said that he saw no easy resolution to the US-China trade war, and that the company was planning to launch new vehicles in China - including for its premium Lincoln brand - to halt its recent slide in that market.

"With Mexico, we're not going to say: "No deal" because of Canada", Lighthizer said. He has threatened to use the same provision to impose tariffs on imports of Canadian cars, a move that would likely do much more damage to the Canadian economy.

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"If we push it beyond that date, then we have a new negotiation with Lopez Obrador and we don't know where that would go at all", Lighthizer said.

"I think Canada would like to be in the agreement, I think the US would like them in the agreement", he said.

The US made a deal with Mexico in August, but stakeholders on both sides of the border have urged for the US to make it a three-way deal and include Canada.

Trump should submit the final version of the NAFTA deal by September 30 despite not meeting compromise with Canada. "A broad range of paths are ahead of us". Trudeau spokeswoman Chantal Gagnon said: "No meeting was requested".

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Canadian officials said they do not believe Trump can rework NAFTA into a bilateral deal without the approval of Congress.

Canadian Prime Minister, Justin Trudeau, speaks during a news conference at U.N. headquarters during the General Assembly of the United Nations in Manhattan, New York, U.S., September 26, 2018.

At a separate event in New York, Canadian Prime Minister Justin Trudeau addressed trade tensions alongside his foreign minister, Chrystia Freeland, who is leading Nafta talks. The Congress, however, may not approve the revisions if Canada is not to be included in the deal. "I think it's important to keep North America together, even if it takes more time" he said.

"How do you sell a dairy product at 300 percent?" he said, adding that it is obviously Canada's way to back-door a trade barrier disguised as a tariff. The pair shared an awkward handshake on Tuesday, when Mr. Trudeau approached Mr. Trump before a group luncheon. "I think our view is now we'll turn to that as a next stage".

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