Trump's 35% tariffs on Canadian goods disappointing but not surprising, Ontario experts say

Ontario commercialized experts accidental they're disappointed and frustrated — but not amazed — astatine U.S. President Donald Trump's menace to enforce a 35 per cent tariff on Canadian goods.

Trump's announcement came successful a missive to Prime Minister Mark Carney that the president posted to societal media connected Thursday evening. 

The tariffs would travel into effect Aug. 1, helium wrote successful his letter.

It's conscionable different clip the president is crying wolf, says Daniel Tisch, CEO of the Ontario Chamber of Commerce. 

"It's chartless if this is superior oregon this is conscionable a negotiating ploy," helium said. "My conjecture is that the negotiations were not going precise good … The Americans were astir apt looking for Canada to enactment much things connected the array to commercialized with."

WATCH | Ontario experts respond to Trump's menace of 35% tariffs: 

Both Canadians and Americans are fed up, Tisch says.

"We request predictability, we request stability, we request wide rules that we tin follow. It's tenable for American and Canadian businesses alike to expect that governments volition present that," helium said.

The concern is surely frustrating, says Toronto Region Board of Trade CEO Giles Gherson. 

"Already, we've seen a diminution successful our exports, connected investments," helium said. "[Companies] are going to beryllium holding backmost — that's harmful to our economy, harmful to jobs, harmful to our quality to grow."

LISTEN | What the U.S. president's latest tariff menace means for Canada: 

But Gherson says this is thing much than a unit maneuver from the president's administration.

"It's the mode they operate, which is to enactment unit connected [us] to effort to unafraid the astir advantageous woody possible," helium said. 

Trump and Carney person been successful talks since past week successful the hopes of coming to immoderate benignant of commercialized solution by July 21. 

Now is the clip to negotiate, Premier Doug Ford's bureau told CBC Toronto successful a statement. 

"Now much than ever, we request the national authorities to enactment astir the timepiece to unafraid a woody that is close for Canada and eliminates each American tariffs," the connection said.

Ford said Carney has agreed to an in-person First Ministers' Meeting successful Huntsville, Ont., aboriginal this month, successful a station connected societal media.

"In the look of President Trump's latest threat, we request to travel together. We request a program connected however Canada volition respond and however we'll support our workers, businesses and communities," Ford said.

Gherson agreed that it's important to travel up with a strategy successful effect to the threat.

"I'm hopeful that the existent medication volition beryllium capable to proceed to negotiate, enactment astatine the table, support a chill caput and spot this done to a palmy conclusion," helium said. 

This has shown Canadians however "vulnerable" the country's system is, Gherson said. The adjacent 4 years volition apt beryllium difficult, helium said, hence the value of moving toward a stronger, much resilient manufacturing industry. 

"We can't beryllium complacent," helium said. "We've got to enactment hard connected our regulatory structure. We've got to enactment hard connected our taxation structure. We've got to alteration concern to hap present truthful that we tin turn jobs."

Tisch says it's each astir handling it similar a concern deal.

"This is not astir rule now. This is astir figuring retired however bash we get this feline to determination disconnected looking astatine america and look astatine idiosyncratic else. And if we don't, past we carnivore the consequence," helium said.