Can Canada Still Trust America on Trade?

Bloomberg Television3 hours ago11:24

Chrystia Freeland says a tentative US-Canada trade agreement may prevent new US tariffs from taking effect, but only if Canada makes major concessions including easing retaliation, allowing US alcohol back into provincial stores and aligning with Washington on some digital issues. Existing US tariffs on Canadian steel, aluminum, cars and auto parts would remain, though at lower levels. Freeland says that would mark a major shift from Canada’s long-held position that such tariffs violate USMCA, and could hurt both countries, especially US manufacturing and the Detroit-Windsor auto supply chain. This interview was recorded on Aug. 20. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Can Canada Still Trust America on Trade? | PiQ Markets