Candace Laing & Donald Trump

Candace Laing: As CEO of the European Chamber of Commerce, Laing urged negotiators to reach a deal quickly, highlighting the need for certainty.

Donald Trump: US President who initiated the tariff threat and announced the pause, claiming a deal. His actions drive the trade negotiations and market sentiment.

Candace Laing: Laing called for meaningful progress in formal talks during the 30-day window.

Donald Trump: President Trump initiated the 50% tariffs on Canada, using Section 338, and also imposed tariffs on Brazil and 60 other countries. His actions escalate trade tensions and carry political risks ahead of midterm elections.

Candace Laing: CEO of European Chamber of Commerce who called the tariffs a body blow to competitiveness.

Donald Trump: President who ordered the 50% tariffs, using Section 338. His aggressive trade policy strains relations with Canada and risks political fallout ahead of midterms.

Candace Laing: Candace Laing, President and CEO of the European Chamber of Commerce, emphasized the importance of trade diversification for Canada's resilience in a volatile global economic environment.

Donald Trump: Donald Trump, as U.S. President, has implemented sector-specific tariffs that have negatively impacted Canada's trade, particularly in steel, aluminum, automobiles, and cabinetry.

Candace Laing: Candace Laing, president of the Canadian Chamber of Commerce, advised Canada to prepare for new, blunter mechanisms of trade pressure.