US Ambassador to Canada, Peter Hoekstra, stated that tariffs on Canadian goods may not be fully lifted despite improving relations between the countries. This statement comes amid ongoing negotiations between the US and China.
Persistence of Tariffs on Canadian Goods
Peter Hoekstra, recently appointed as the US Ambassador to Canada, expressed that the 25% tariff on most Canadian goods imposed in March may not disappear in the near future. He noted that while the mood between the countries is improving, it remains unclear when the current restrictions will be lifted.
US-China Negotiations
Simultaneously, senior US and Chinese officials engaged in discussions in Switzerland regarding their trade dispute. Participants reported substantial progress during the meetings, which could lead to reduced tariffs and stabilization of relations between the two countries.
International Reaction to Deals
Ngozi Okonjo-Iweala, inspector general of the World Trade Organization, welcomed the progress in US-China relations, emphasizing the importance of continuing initiatives to ease tensions and restore confidence in international trade.
The significance of US-Canadian and US-Chinese relations remains relevant in light of ongoing trade disputes, and the perspectives of high-ranking officials underscore the necessity for constructive dialogue to further improve the situation.
