The Prague Post - Canadian PM visits Trump in bid to ease tariffs

EUR -
AED 4.240257
AFN 73.32143
ALL 96.053795
AMD 433.817139
ANG 2.066822
AOA 1058.764604
ARS 1599.696819
AUD 1.675026
AWG 2.078272
AZN 1.967396
BAM 1.955877
BBD 2.317892
BDT 141.205579
BGN 1.973561
BHD 0.434817
BIF 3418.53506
BMD 1.154596
BND 1.481959
BOB 7.981315
BRL 6.067751
BSD 1.150845
BTN 109.078309
BWP 15.865627
BYN 3.425635
BYR 22630.074075
BZD 2.314491
CAD 1.604715
CDF 2635.36902
CHF 0.917923
CLF 0.027055
CLP 1068.301597
CNY 7.980392
CNH 7.989998
COP 4229.267091
CRC 534.421114
CUC 1.154596
CUP 30.596784
CVE 110.269357
CZK 24.603629
DJF 204.928096
DKK 7.496448
DOP 68.502706
DZD 153.573067
EGP 60.780401
ERN 17.318934
ETB 177.904429
FJD 2.606389
FKP 0.868614
GBP 0.866456
GEL 3.094767
GGP 0.868614
GHS 12.609498
GIP 0.868614
GMD 84.867224
GNF 10090.398654
GTQ 8.807348
GYD 240.899518
HKD 9.036039
HNL 30.555207
HRK 7.557064
HTG 150.85596
HUF 390.276858
IDR 19617.503194
ILS 3.622683
IMP 0.868614
INR 109.51363
IQD 1507.559561
IRR 1516272.693223
ISK 144.047794
JEP 0.868614
JMD 181.147157
JOD 0.818654
JPY 185.066713
KES 149.485906
KGS 100.96983
KHR 4609.182101
KMF 494.167328
KPW 1039.005581
KRW 1741.130593
KWD 0.355512
KYD 0.959038
KZT 556.361981
LAK 25029.988892
LBP 103054.87152
LKR 362.514322
LRD 211.168343
LSL 19.761581
LTL 3.409221
LVL 0.698404
LYD 7.34629
MAD 10.755925
MDL 20.213799
MGA 4796.189489
MKD 61.642435
MMK 2427.526343
MNT 4123.646826
MOP 9.285467
MRU 45.949815
MUR 54.000874
MVR 17.838939
MWK 1995.478838
MXN 20.923702
MYR 4.530678
MZN 73.836825
NAD 19.761581
NGN 1597.337286
NIO 42.351673
NOK 11.20288
NPR 174.524895
NZD 2.015881
OMR 0.443458
PAB 1.150845
PEN 4.008858
PGK 4.973196
PHP 69.911197
PKR 321.19049
PLN 4.298271
PYG 7524.297272
QAR 4.195866
RON 5.111746
RSD 117.404638
RUB 93.863708
RWF 1680.566396
SAR 4.33291
SBD 9.285301
SCR 17.363686
SDG 693.912357
SEK 10.938258
SGD 1.49255
SHP 0.866246
SLE 28.345751
SLL 24211.30527
SOS 657.725986
SRD 43.413994
STD 23897.798134
STN 24.500968
SVC 10.069398
SYP 129.111885
SZL 19.759781
THB 37.518628
TJS 10.995934
TMT 4.041085
TND 3.392934
TOP 2.779989
TRY 51.310654
TTD 7.819309
TWD 36.998328
TZS 2969.117305
UAH 50.443693
UGX 4287.169379
USD 1.154596
UYU 46.58184
UZS 14034.554481
VES 540.268027
VND 30409.162038
VUV 138.27014
WST 3.204592
XAF 655.982917
XAG 0.0165
XAU 0.000256
XCD 3.120353
XCG 2.074082
XDR 0.815832
XOF 655.982917
XPF 119.331742
YER 275.490657
ZAR 19.766689
ZMK 10392.750198
ZMW 21.663856
ZWL 371.779317
  • RBGPF

    -13.5000

    69

    -19.57%

  • NGG

    -0.4800

    81.92

    -0.59%

  • GSK

    -0.1000

    53.84

    -0.19%

  • BTI

    0.3749

    57.8

    +0.65%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • BCE

    -0.2200

    25.25

    -0.87%

  • RYCEF

    -0.5900

    14.65

    -4.03%

  • RIO

    0.8500

    86.64

    +0.98%

  • AZN

    5.0200

    188.42

    +2.66%

  • RELX

    -0.1000

    31.97

    -0.31%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • BP

    0.5100

    46.68

    +1.09%

  • JRI

    -0.2700

    11.8

    -2.29%

  • BCC

    0.1400

    74.43

    +0.19%

  • VOD

    -0.1400

    14.49

    -0.97%

Canadian PM visits Trump in bid to ease tariffs
Canadian PM visits Trump in bid to ease tariffs / Photo: Jim WATSON - AFP

Canadian PM visits Trump in bid to ease tariffs

Canadian Prime Minister Mark Carney met President Donald Trump at the White House Tuesday seeking to ease US tariffs that are hitting Canada's economy -- and his popularity at home.

Text size:

Carney is making his second visit to the Oval Office since April, but unlike other US allies Canada has still not sealed a deal with Washington to take the edge off Trump's trade wars.

The 60-year-old former central banker entered politics less than a year ago but now faces growing criticism domestically, where he campaigned on his extensive crisis management experience.

"I wore red for you!" Carney joked, pointing to his tie as the US president greeted him outside the West Wing. Trump often wears a red tie, although on this occasion he was wearing a blue one.

A day earlier, Trump said when asked about Carney's visit that "I guess he's going to ask about tariffs, because a lot of companies from Canada are moving into the United States."

The 79-year-old US president has also recently repeated his desire to make Canada "the 51st state", an issue that caused tensions before Carney's previous trip.

The Canadian government said that during Carney's "working visit" he seeks to restore bilateral relations and discuss "shared priorities in a new economic and security relationship between Canada and the US."

Unlike other US allies such as Britain and the European Union, Canada has not yet cut a deal for a comprehensive trade agreement with its North American neighbor.

The United States is Canada's main economic partner, with 75 percent of Canada's exports being sold across its southern border. Canada saw its GDP decline by 1.5 percent in the second quarter, adding to the economic pressure.

Trump has already imposed tariffs on lumber, aluminum, steel and automobiles. On Monday, he announced 25 percent tariffs on heavy trucks starting November 1.

For now, the vast majority of trade remains protected by the USMCA, a free-trade agreement between the United States, Canada and Mexico.

But the agreement faces renegotiation soon, and Trump has already called for a revision that would favor US industries.

- 'No choice' -

The Canadian premier is under major pressure at home to seal a deal.

"Mark Carney has no choice, he must return from Washington with progress," said Daniel Beland, a political scientist at McGill University in Montreal, pointing to the steel and aluminium tariffs as key areas.

Carney faces particular criticism for making concessions while getting little in return.

At the end of June, Carney canceled a tax targeting American tech giants under pressure from Trump, who called it outrageous. He also lifted many of the tariffs imposed by the previous government.

"If you return with excuses, broken promises and photo ops, you will have failed our workers, our businesses and our country," conservative opposition leader Pierre Poilievre wrote in an open letter to Carney on Monday.

Carney faces risks, too, as he appears in the Oval Office.

The Canadian safely navigated his first appearance there six months ago, but Trump has previously savaged visiting foreign leaders in the gilded room including Ukraine's Volodymyr Zelensky.

"These meetings can easily go off track, and everything plays out publicly," said Genevieve Tellier, a political scientist at the University of Ottawa.

Last week, Trump once again brought up the possibility of annexing Canada during a speech to US generals and admirals, referencing the country's potential participation in a new "Golden Dome" missile shield.

"Canada called me a couple of weeks ago, they want to be part of it," Trump claimed. "To which I said, well, why don't you just join our country" and "become the 51st state, and you get it for free."

C.Zeman--TPP