
U.S. Trade Rep. Jamieson Greer on failed U.S.-Canada trade talks: 'They wanted more'
CNBC Television
U.S.-Canada trade negotiations collapsed after Canada rejected a proposal to reduce tariffs on steel, aluminum, and automobiles. U.S. Trade Representative Jamieson Greer explains that current tariffs serve as a necessary response to long-standing Canadian restrictions on American wine, spirits, and dairy products. Despite the breakdown, the U.S. maintains that these measures—covering only 5% of Canadian imports—will have a negligible impact on the American economy, which continues to show positive inflation and wage trends. Greer emphasizes that the administration’s trade policy remains focused on protecting domestic workers and fostering reindustrialization, dismissing concerns regarding internal government friction and the potential for a broader trade war. The U.S. remains committed to its current trade trajectory, viewing the impasse as a result of Canada’s refusal to accept the most favorable market access offered to any global partner.
Sign in to continue reading, translating and more.
Open full episode in Podwise