right across this country today people are gearing up for Canada Day parties and for anyone still prepping and you might just want to think about buying in bulk that’s because retaliatory tariff worth billions of dollars kick in on a wide Ray are American good starting midnight tonight making that imported ketchup or whatever else you like to put on your burger and that glass of orange juice or bourbon a lot more expensive but Justin Trudeau insist his real Target is the US economy and delivered that message in a phone call to president Donald Trump last night Tom Perry has more on the escalating tariff pensions on the lengthy list of u.s. goods Canada has targeted for tariffs u.s. made kitchen appliances big-ticket items about to get hit with a 10% Levy in our industry attitude absolutely went Arabs kick in customers may consider products made in Mexico or Europe instead this show is already feeling the effects of a cooling relationship between Canada and the US first thing this morning one of the manufacturers representative came into the store and removed all the made-in-america signs from their product us protectionism already up pressing issue for some Shoppers so we’re looking at different brands now certainly the European Brands higher price point but I’m just really a little anti-American and what I’m purchasing now betrayed has been a disaster Donald Trump has no doubt upset many Canadians but foreign affairs minister Kristina Freeland try to play down any anti-American sentiment as she announced the new tariffs with which we take these countermeasure we are acting very much in store oh not in Anger. Said Freeland calls us tariffs on Canadian steel and aluminum observed and hurtful Canada has no choice but to retaliate with a measured perfectly reciprocal dollar-for-dollar responds dollars worth of us Goods 5% on American Steel and 10% on aluminum is also pledging to billion dollars to prop up Canada steel and aluminum sector trying to limit the impact of a trade war on jobs and the economy powerful message and that’s something we’ve been advocating from day one don’t back off you have to take this on head on Canada’s terrorist take effect Sunday Donald Trump meanwhile is already threatening further action against the auto sector leaving us Partners bracing for more uncertainty person on tariffs is foreign affairs minister Christy of Freeland and she says Auto recognizes a long drawn-out dispute could hurt businesses on this side of the Border Keen to share their concerns our national Affairs editor Chris Hall has more effect Canadian consumers and businesses I put that question of the foreign affairs minister Kristina Freeland she says for consumers you won’t notice much of a difference because alternatives to those us products are available but you didn’t know was it some businesses may find things more difficult in terms of finding alternative suppliers of Steel aluminum for example and here’s what she said companies who continue to have concerns please list please talk to the government it’s talk to you instead Department of Finance talk to me and my team too and we’re happy you know to consider new issues because sometimes people just haven’t had time haven’t realized going to retaliate against Canada’s retaliation by imposing tariffs on things like automobile parts Christopher Lynn said she can’t read Donald Trump’s mine but she doesn’t agree with many pundits who believe that Donald Trump will not change his mind on the terrorist after the midterm elections are four months away in November he wants to give his based a reason to continue to vote Republican sickly and in closer races for Congress and for the Senate that’s why I asked what what about that since you said luck using all along we will continue to hope for the best but prepare for the worst here to talk about all of that and more is our weekend business panel Trina Hussain is a lawyer and assistant professor at the Schulich School of Business and Garrett Watts is a director and wealth advisor with Richardson GMP let’s begin with you cuz we watched that press conference yesterday where you had a series of ministers come out in front of the cell co-workers and Kristina Freeland said we did not have a choice We Do I want to escalate this but we’re not backing down either we had to take this retaliatory a step against the president of the United States do you agree with her assertion well there’s one of several options available to the Canadian government this is one in which I interpret the hidden government as going toe-to-toe with the Uso otherwise emphasize that yes we recognize that you want to use this negotiation tactic for purposes of renegotiating NAFTA but the same time we have to protect what was really emphasized in her tone was that it wasn’t something I was meant to be out of anger or otherwise to ensure that we’re trying to do this out of spite but if you want to play this negotiation table what do you think she had no choice but the problem is that by counting the US opens then of course the counter once again this could very well escalate and if it does were in trouble simply put a lot of countries around the I need the I need the us more than the US needs them this includes China and if you go tit-for-tat with the states on on tariffs and trade eventually you’re going to run out of things to to put a tax on because they’re going to have more of your stuff to text so this is why it’s so scary for the Canadian call me because we’ve dissenter the first step this was well Telegraph we knew what was coming you know tonight with the with the new terrorist what we don’t know what his next step will be my guess is that he will escalate further because what’s known about him he will wait that’s that’s the waiting game here for them in the u.s. is we’re going to draw this out as long as we can make you feel as much pain until you come to the table and we can finally negotiate something that I can claim as a victory turns their questions how they’re reacting to this battle this tariff disputes and we’re getting a lot of response so I want to begin with an image that was posted on Twitter sent to us from a woman named Jelena so she posted a series of pictures of bottles of ketchup and essentially illustrating what we’re hearing from many many Canadians from now on I’m buying Canada only and if not Panadol only I’m not buying made in the USA is this a sustainable sort of why was he in the short-term perhaps but at the end of day it’s very much a question of what does it mean for the budget of the average Canon consumer and whether or not have hit their bottom line more so than others relative to the availability and the cost of an we look at things such as lawn mowers for example it’s very difficult to get a non you made in America lawnmower and then fact that you want to take care of your backyard for examples of trade-offs made in terms of time avoid by America but it could be something that wallet of many Canadians and 5% of your trade with another country it’s going to be really hard to buy Canadian on everything that you purchased mainly because we do rely a lot on on import and our problem in this country has been historically we just have to grade a dependency on her next door neighbor we’ve always known that but we felt comfortable with it we had a good trade relationship why would we all for that now we’re trying to find out why perhaps we need to diversify but more as to who we do business with from a number of Canadians as I said who have mentioned they’re going to buy Canada only but we also heard from a man named Gary Nolte who described himself as disabled living on low-income and he wrote to say what about me what is the government going to do to protect me I’m not position to pay more either for Canada made Goods or for these levees that are coming in so what is the government going to do to address that issue set their temporary subsidy putting forward for certain industries that are affected by the steel and aluminum Paris translate that to low-income Canadians that are ultimately affecting his more so than others what is a long-term strategy at the Kenyan government has when it comes to renegotiating trade relationships with the US has that will determine whether or not they’re going to introduce a policy measure to address concerns such as that deal or is it going to be just an ocean of waiting it out for the u.s. turn elections for example where the US might be more intense to get a deals done sooner rather than later a trade war going on what would be beneficial probably do that to yours if it gets wrapped up quickly unfortunately I said earlier I think Donald Trump’s going to drag this out for as long as he possibly can and even if you know some people do hope that the Democrats take the house in November it’s not going to change the tone I think dispute because the house doesn’t have as much power the president does and putting all these Harrison Place from this point can I find all these new programs that they’ve just put in place to help the industries that are getting hurt so I don’t think anyone’s making a pile of money off of this in fact we’re probably on that still going to lose out as an economy so if people think that this is a money-making scheme for the government I think they’re going to be in key and that is going to be very bad for the government that we even in this trade war or far for the economies are that were in the street or in the first place Ontario and two other places within within our own borders which came as a surprise to a number of folks so they’re saying is this an opportunity for Canadians to push more Diversified Canadian products within our boundaries and very well be that being said there are local Regional I’ll take that continue to rear their ugly head when it comes to elements such as trade and we saw this between Alberta and British Columbia when it came to the infrastructure project resulted in a dispute between the two provinces to reevaluate Canada’s trade opportunities within and without an outside as worse yes whether or not there’s enough momentum to continue to deal with those more difficult issues we have yet to seeCanada’s move to impose retaliatory tariffs on U.S. goods has more consumers looking to buy Canadian products.
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