Trudeau talked on the phone about what Canada fears due to Trump becoming the President.
Donald Trump is going to be in power in America once again. After this, fear has increased in Canadian Prime Minister Justin Trudeau. Canada is dependent on America for 75 percent of its exports, due to which Trudeau's fear of tariffs has increased. Justin Trudeau is forming a special cabinet committee regarding Canada-America relations after Donald Trump's victory.
Canadian Prime Minister Justin Trudeau said on Thursday that he is forming a special cabinet committee to look at Canada-US relations if Donald Trump is re-elected as US President. Deputy Prime Minister Chrystia Freeland, who is also the country's finance minister, will chair the committee, which will also include other top officials including the ministers of foreign affairs, public safety, and industry.
Canadian Prime Minister Trudeau called Trump on Wednesday to congratulate him after his victory in the US election. During this conversation, Trudeau not only congratulated Trump but also tried to discuss the future strategy to strengthen the relations between the two countries and extended a hand to increase trade. Trump and Trudeau discussed the new free trade agreement made with Canada and Mexico during his first term, the US-Mexico-Canada Agreement, which replaced NAFTA.
Although Trump once called Trudeau “weak” and “dishonest” during his first term, the relationship between the two countries remains one of the closest in the world.
What is Canada afraid of?"Following President Donald Trump's election to a second term, the Cabinet committee will focus on Canada-US issues," Trudeau's office said in a statement on Thursday. Canada is one of the most trade-dependent countries in the world and 75 percent of Canada's exports go to the US. When Trump was first elected president, he took steps to renegotiate the North American Free Trade Agreement or NAFTA, and was reportedly considering a 25 percent tariff on the auto sector, a move that was seen as a threat to Canada.
Canadian Foreign Minister Chrystia Freeland said, I know that many people in Canada are worried. I want to tell Canadians with full honesty and confidence that everything will be absolutely fine in Canada. We have strong relations with America. We have strong relations with President Trump and his team. She also said, that our trade relations with America are governed under the trade agreements made by President Trump and his team.
During the recent election campaign, Donald Trump proposed imposing tariffs of 10 percent to 20 percent on foreign goods, and in some speeches, he even talked about imposing higher tariffs.
Nelson Wiseman, a professor of political science at the University of Toronto, said, "I expect the free trade agreement to be slightly changed as it was during Trump's first presidency." He also said, "The tariffs will hurt Canada's economy but will not completely destroy it." Canada has some cards to negotiate with the US, including countervailing tariffs.
The Canadian government says the US and Canada are each other's largest trading partners. In 2023, goods and services worth about 3.6 billion Canadian dollars (2.7 billion US dollars) were traded between the two countries every day.
The relationship between the US and Canada is very strong. There is a strong relationship between the two countries on defense, border security, and law. There is also an overlap in culture, traditions, and entertainment with baseball, hockey, basketball, and soccer leagues. Also, about 400,000 people cross the world's longest international border between the two countries every day and about 8 lakh Canadians live in the US.