The Fort Worth Press - Trump admin predicts US trade war 'devastating' for Canada

USD -
AED 3.672504
AFN 65.503991
ALL 79.180391
AMD 364.204132
ANG 1.789783
AOA 917.000367
ARS 1499.052487
AUD 1.396258
AWG 1.80125
AZN 1.70397
BAM 1.673269
BBD 2.016426
BDT 122.342473
BGN 1.696366
BHD 0.377465
BIF 2979.42422
BMD 1
BND 1.270394
BOB 11.563503
BRL 5.139504
BSD 1.001155
BTN 95.810412
BWP 13.414895
BYN 2.994995
BYR 19600
BZD 2.013518
CAD 1.37725
CDF 2275.000362
CHF 0.801408
CLF 0.023248
CLP 924.387218
CNY 6.72125
CNH 6.721155
COP 3075.416007
CRC 455.575993
CUC 1
CUP 26.5
CVE 94.336313
CZK 20.648604
DJF 178.277794
DKK 6.40104
DOP 58.655944
DZD 132.82204
EGP 50.864525
ERN 15
ETB 161.91513
EUR 0.855604
FJD 2.191604
FKP 0.73304
GBP 0.733084
GEL 2.60504
GGP 0.73304
GHS 11.137443
GIP 0.73304
GMD 73.503851
GNF 8796.680498
GTQ 7.639988
GYD 209.453737
HKD 7.84135
HNL 26.847756
HRK 6.452604
HTG 130.97489
HUF 310.49504
IDR 17649.8
ILS 2.987204
IMP 0.73304
INR 95.700504
IQD 1311.545536
IRR 1374600.000352
ISK 121.250386
JEP 0.73304
JMD 158.891218
JOD 0.70904
JPY 158.97504
KES 129.6488
KGS 87.450384
KHR 4041.57933
KMF 422.00035
KPW 900.000294
KRW 1386.440383
KWD 0.30843
KYD 0.834324
KZT 460.94024
LAK 22551.225564
LBP 89657.013304
LKR 329.580357
LRD 181.708517
LSL 16.053899
LTL 2.95274
LVL 0.60489
LYD 6.362664
MAD 9.24661
MDL 17.234889
MGA 4281.131026
MKD 52.637208
MMK 2099.810874
MNT 3595.778501
MOP 8.084613
MRU 39.893913
MUR 46.603741
MVR 15.450378
MWK 1735.979809
MXN 16.917404
MYR 4.038504
MZN 63.880377
NAD 16.053899
NGN 1345.503725
NIO 36.839629
NOK 9.303975
NPR 153.29683
NZD 1.672241
OMR 0.384386
PAB 1.001155
PEN 3.356461
PGK 4.43684
PHP 61.665038
PKR 277.79544
PLN 3.69265
PYG 6030.71395
QAR 3.639475
RON 4.49875
RSD 100.406382
RUB 82.677332
RWF 1475.210677
SAR 3.761427
SBD 8.032258
SCR 13.734782
SDG 601.503676
SEK 9.462504
SGD 1.269504
SHP 0.740866
SLE 24.603667
SLL 20969.499227
SOS 572.186337
SRD 37.77037
STD 20697.981008
STN 20.960773
SVC 8.759892
SYP 13001.999906
SZL 16.043119
THB 33.045038
TJS 9.235659
TMT 3.5
TND 2.911836
TOP 2.40776
TRY 48.042504
TTD 6.790435
TWD 31.845038
TZS 2653.206143
UAH 44.735424
UGX 3724.173333
UYU 40.270351
UZS 11868.931001
VES 778.98225
VND 26125
VUV 117.750183
WST 2.715908
XAF 561.198614
XAG 0.014494
XAU 0.000217
XCD 2.70255
XCG 1.804338
XDR 0.707052
XOF 561.198614
XPF 102.031912
YER 237.075037
ZAR 16.01902
ZMK 9001.203584
ZMW 18.997305
ZWL 321.999592
  • CMSC

    -0.1780

    21.102

    -0.84%

  • BCC

    0.7000

    82.47

    +0.85%

  • RELX

    0.5300

    35.91

    +1.48%

  • BP

    -0.3800

    44.76

    -0.85%

  • BCE

    -0.0700

    23.71

    -0.3%

  • RIO

    3.1300

    105.3

    +2.97%

  • BTI

    -0.4900

    56.21

    -0.87%

  • NGG

    -0.8600

    79.76

    -1.08%

  • RBGPF

    0.0000

    68.56

    0%

  • JRI

    -0.0300

    12.38

    -0.24%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • GSK

    0.4500

    52.41

    +0.86%

  • AZN

    1.4900

    165.98

    +0.9%

  • VOD

    -0.0500

    15.96

    -0.31%

  • RYCEF

    -0.2500

    20.25

    -1.23%

Trump admin predicts US trade war 'devastating' for Canada
Trump admin predicts US trade war 'devastating' for Canada / Photo: © AFP

Trump admin predicts US trade war 'devastating' for Canada

The Trump administration on Sunday warned that Canada would be "foolish" to think it could win a trade war with the United States, predicting a "devastating" impact on its northern neighbor.

Text size:

Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50-percent US tariffs impacting about $20 billion worth of Canadian goods, or 5.5 percent of Canadian exports to the United States.

Canada in retaliation said it would match US tariffs, with new levies notably targeting the US steel and dairy industries to take effect on September 8.

US Transportation Secretary Sean Duffy said Canada would come out worse from tussling with President Donald Trump in a trade war.

The United States currently accounts for roughly 70 percent of Canadian exports.

"We're great trading partners, right? But Canada gets the benefit of trading with the US way more than the US gets the benefit of trading with Canada," he told the "Fox News Sunday" talk show.

"To think that they're going to go to war with Donald Trump and actually win that war with the US, I think it's foolish on their part."

He predicted that Canadian Prime Minister Mark Carney would return to negotiations "very very quickly, because it's going to be devastating for his country."

Carney was defiant on Saturday, announcing retaliatory tariffs on the US after walking away from a "bad deal" on trade as the rift between the longtime allies deepened.

"You're at war when you get attacked. We got attacked," Carney said.

Carney cited last-minute US demands that would restrict Canadian trade deals with other countries and unacceptable "threats" to the French language and Quebec culture.

Trump hit back early Sunday, saying, "Canada wants the benefits of being a State, without being one!!!"

"They have also charged our great farmers, for many years, massive amounts of Tariffs. No more!!!" Trump added in a post on Truth Social.

- 'Bully in Washington' -

The acrimony underscored the deepening rift between the close allies since Trump began his second term in January 2025 -- including his repeated threats to make Canada the 51st US state.

Carney has said bilateral relations have been forever changed, and that Canada must reduce its reliance on the United States. Despite the economic fallout, he has won political support at home for his willingness to stand up to Washington since taking office two months after Trump returned to the presidency.

"We have a bully in Washington," Canadian retired teacher Stuart Edwards told AFP Saturday in Fort Erie, Ontario in the shadow of the Peace Bridge, a conduit for billions of dollars in annual trade with the United States.

"We're not going to put up with it, Canada isn't. We'll fight back," he said.

In the recent talks in Washington, Canada was seeking relief from Trump's tariffs on autos, steel and aluminum, which have battered the country's economy, forced job losses and strained what was once an iron-clad trade relationship.

The White House had alleged "discriminatory treatment" by Canada against US alcohol, automobile and dairy products in introducing the duties.

US Trade Representative Jamieson Greer told the New York Times on Saturday that the US had offered to reduce its tariffs on steel, aluminum and autos, as well as eliminate a recently imposed tariff on Canadian lumber.

Greer said those measures would have given Canada "the most preferential treatment of any trading partner," according to the Times.

He also said no new talks were planned with Canadian negotiators.

P.McDonald--TFWP