00:01Canada's Prime Minister Mark Carney said his country and the United States would work out a dispute over a multi-billion dollar bridge from Michigan to Ontario.
00:09U.S. President Donald Trump has threatened to bar the new bridge from opening, in his latest salvo against Canada over trade.
00:16However, Carney told reporters Tuesday the situation will be settled, hours after he had spoken with Trump.
00:23The president taking aim at the bridge is part of a broader trade fight with Canada.
00:27In threatening to shut it down, Trump cited Canada's financing of the project, trade disputes over alcohol and dairy, and Canada's trade talks with China.
00:37The new Gordie Howe Bridge is set to open in the coming months.
00:41It was financed by Canada because the U.S. refused to pay for it.
00:45The cost will be financed by tolls over 30 years.
00:49Trump has incorrectly suggested the bridge would be owned by Canada, even though the bridge is jointly owned.
00:54White House Press Secretary Caroline Levitt said earlier Tuesday the deal as it stood was not acceptable.
01:01This is just another example of President Trump putting America's interests first, and so he made that very clear in his call with Prime Minister Carney earlier today.
01:11Carney says Trump is incorrect in claiming Canada will own the bridge outright, noting ownership is shared between Michigan and Canada.
01:18Also on Tuesday, the New York Times reported that U.S. Commerce Secretary Howard Lutnick met Bougainer Matt Maroon hours before Trump's post about the Gordie Howe Bridge.
01:29Maroon's family owns a rival bridge connecting Detroit and the Canadian city of Windsor.
01:35Michigan business leaders have warned that blocking the project would have tremendous consequences.
01:39The U.S. Department of Homeland Security has already designated the bridge as an official port of entry, saying it would reduce congestion and save travelers more than $12 million a year.
Comments