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Canada ready to buy more American products to appease Trump’s tariff threat, ambassador says WSOC TV [Video]

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Canadian Economy and Markets

PALM DESERT, Calif. — (AP) — Canada’s ambassador to Washington said Monday that Canada is prepared to buy more from the United States, including its next fleet of submarines, to appease President-elect Donald Trump’s concerns about the U.S.-Canada trade deficit.

Ambassador Kirsten Hillman also warned Americans in an interview with The Associated Press that prices will go up for Americans almost immediately if Trump follows through with his plan to impose 25% tariffs on all Canadian products.

The ambassador also dismissed Trump’s talk of Canada becoming the 51st U.S. state, saying that’s how Trump negotiates.

“He has a negotiating style which involves positioning himself in the best way he can for discussions. I think that is what this is,” Hillman told the AP.

Trump continues to erroneously cast the U.S. trade deficit with Canada — a natural resource-rich nation that provides the U.S. with commodities like oil — as a subsidy.

Hillman noted Canada buys more from the United States than any other country …

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