Canada will join Mexico and
European and Asian auto-producing countries this week to plot strategy ahead of
the potential imposition of tariffs on vehicles and auto parts exported to the
United States.
Japan and the European Union
organized the meeting for Tuesday in Geneva, where vice and deputy ministers
from Canada, the EU, Japan and South Korea will gather to talk about the
punishing levies threatened by U.S. President Donald Trump.
GM sideswiped by trade war; cuts
outlook as prices rise
ANALYSIS'Very big,' or no big deal?
What this week's trade news means for Canada
A Canadian government official
told The Canadian Press on Sunday that deputy international trade minister
Timothy Sargent would attend the meeting on Canada's behalf.
Trump has threatened to impose
tariffs under Section 232 of the decades-old U.S. Trade Expansion Act. The
legislation allows the president, under certain circumstances, to impose duties
recommended by his commerce secretary under the notion that the goods being
imported are a threat to national security.
Just as it did after the U.S.
imposed hefty tariffs on steel and aluminum imports from Canada and other
nations, the Trudeau government has said it would respond to auto tariffs with
its own countermeasures.
The Canadian Automobile Dealers
Association has warned that "dollar-for-dollar" retaliatory levies
would have a much more significant effect on Canada's auto sector than
counter-tariffs on aluminum and steel.
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