Althea Raj
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's quite possible that we don't have a tariff-free environment with the United States.
That is a possibility.
I think that there's two things to take comfort in, and I think that we have seen Canadian officials take comfort in that.
One is the July 1st deadline, which now they're saying, don't worry if there's no deal by July 1st.
It's, I think, which Jenna said, it's like it's not a cliff.
The actual agreement says that the leader of the countries will have to decide on July they will meet and they have to decide if they want to renegotiate or renew, sorry, Kuzma for another 16 years.
But if they don't say, yes, I want to renew it for another 16 years, the deal still continues on.
And we just have one year reviews.
At the moment, the current deal says that you can pull out.
You can pull out.
You just need to give a six months notice and you can pull out.
You can also amend it.
If Mexico and the United States and Canada want to amend the deal at any time, they can amend it.
So with that, you have to think, well, Donald Trump actually hasn't said he wants to pull out of the deal.
So maybe the Canadian officials are not wrong to say, well, you know, let's not panic here.
It is, we're basically gambling on uncertainty.
We don't think there's going to be a new deal, but we don't think Donald Trump is going to pull out completely.
We don't want to negotiate against ourselves.
The current deal is better than the new deals that are on the table.
So why would we accept anything new from this government that can't be trusted?