A negative outlook on the US and Canadian economies due to tax
3/12/2017 0:00
[rtl]OTTAWA / follow - up to the morning
began the repercussions of taxation of goods in the United States and Canada occupy the political and economic arenas in both countries, where the fear of new tax measures limiting the benefit accruing to both parties because of it .
Canadian Prime Minister Justin Trudeau said that the US plan to impose taxes on the border between the United States and Canada would be a "bad thing " for the two countries alike.
Trudeau said during a conference of the oil sector in Houston , Texas, US: "The imposition of a tax on the border would be not only to Canada, but the United States is also bad."
It examines the US Congress a tax reform provides , in one of its provisions to impose taxes on imports and exclusively exempt exports, which is opposed by President Donald Trump , who prefers another tax system is based on imposing customs duties on certain imports, for example , Chinese or Mexican imports.
He said the Canadian prime minister said the plan to impose a tax on exports to the United States is "far from being passed on what they think and we still do not know exactly how it will shape , " or how it will be affected by Canada?
He added , "what I heard from many business leaders or political leaders , " the imposition of a tax on the border or to adopt any other similar protective system "will have repercussions unexpected failed to clarify the likely supporters of this tax."
The Prime Minister emphasized the need to protect the "enormous benefits" derived from "American economy north-integrated."
In response to a question about the announcement and US Commerce Secretary and Libor Ross that " the coming weeks" will witness the launch of negotiations on a review of the free trade agreement in North America , "NAFTA," Trudeau stressed that this agreement " has been modified and improved over the twentieth past" and that " the past dialogue respectable" between Washington and Ottawa is the only sponsor to ensure the exit of these negotiations on the benefits of both countries.[/rtl]
[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=133379[/rtl]
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