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Canadian automakers concerned about Donald Trump: innovation minister

Click to play video: 'What impact could Donald Trump have on Canada’s auto industry?'
What impact could Donald Trump have on Canada’s auto industry?
WATCH: What impact could Donald Trump have on Canada’s auto industry? – Jan 10, 2017

OTTAWA – A Liberal cabinet minister says he’s hearing concerns from auto makers about negative effects on their industry from a Donald Trump presidency.

Economic Development Minister Navdeep Bains says he’s had conversations with concerned automakers at the recent Detroit auto show and during his current visit to the World Economic Forum in Davos, Switzerland.

READ MORE: Detroit Auto Show: Trepidation about Donald Trump in the Motor City

“It became very clear we have such integrated economies that there’s no better example than the auto sector,” Bains said in an interview Thursday from Davos.

“Any kind of disruption to that, any kind of impact to the border would have a negative consequence to both Canada and the U.S.,” he added.

WATCH: Bank of Canada outlines how Trump election effects Canada’s economy

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Bank of Canada outlines how Trump election effects Canada’s economy

“It’s very clear to myself when I speak to business leaders here in Davos, when I met with automotive executives and business leaders in Detroit, having open borders benefits both Canada and the U.S.”

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Trump’s spokesman recently stoked fears when he said Canada’s automotive sector may not be spared from a border tax.

READ MORE: Canada’s economy will grow more than most G7 countries due to Donald Trump: IMF

Former prime minister Stephen Harper said Thursday there Trump’s presidency has sparked “global uncertainty,” but he predicted a landmark shift in U.S. foreign policy not seen since the end of the Second World War.

In a speech in New Delhi, Harper said Trump is “going to reverse the cornerstone of seven decades of American foreign policy.”

Trump’s foreign policy will scale back U.S. involvement in global affairs and be guided by narrow economic interests, while coming to view China as a “geopolitical adversary,” Harper said in the speech, the speaking notes for which were obtained by The Canadian Press.

WATCH: Bank of Canada warns of dangers of Trump’s protectionist policies

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Bank of Canada warns of dangers of Trump’s protectionist policies

The Liberal government says it is seeking common ground with the Trump administration on promoting middle-class growth, but Harper said friends and allies of the U.S. – he did not mention Canada by name – will have to bring “real assets” to the table.

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Trump has said he wants other NATO members to spend more in the alliance while his incoming commerce secretary is promising a sweeping overhaul of the North American Free Trade Agreement.

Trump spokesman Sean Spicer said Thursday that Trump planned decisive trade moves in the coming days. He said Trump would issue an executive order on NAFTA and the Trans-Pacific Partnership, but didn’t say specifically whether he would serve notice of the U.S. intent to withdraw.

READ MORE: Justin Trudeau mocked for telling Donald Trump Canada willing to renegotiate NAFTA

“I don’t think he’s going to wait,” said Spicer. “He’s made it clear that some of those things are huge priorities for him.”

Harper called Trump “a candidate without precedent in American history” who rejects the long-held notion that “America alone must accept overarching responsibility for global affairs.”

Harper said many in the world may not like this inward foreign policy shift, which will focus on narrowly defined U.S. economic interests.

READ MORE: Donald Trump’s policies could hurt some Canadian provinces more than others

“It will work with friends and allies on shared interests, but only when such friends and allies are prepared to bring real assets to the table,” he said. “That, by the way, is going to apply first and foremost to Europe.”

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Trump called NATO “obsolete” this week, reiterating past criticism of the 28-country military alliance to which Canada, the U.S. and most of Europe belong.

The president-elect has complained that the U.S. bears too much of the costs in NATO, which is bolstering its eastern European flank as a deterrent to Russia, after its annexation of part of Ukraine almost three years ago.

READ MORE: Cabinet shuffle: Changes come as Canada braces for President Donald Trump

Harper predicts a major change in relations with China, in which the U.S. “will cease to view the rise of China as benign” and come to see that country as “a geopolitical adversary.”

Conservative leadership hopeful Kevin O’Leary told an American television network on Thursday that there’s a lot of “angst” in Canada about Trump’s Friday inauguration.

The Canadian businessman-turned-reality-television-star told ABC’s Good Morning America that Prime Minister Justin Trudeau has policies, such as tax hikes, that are opposed to Trump’s.

READ MORE: Kevin O’Leary: The millionaire reality show host who wants to be Canada’s prime minister

“Many Canadians are beginning to realize, uh oh, we didn’t see Trump coming, as many people didn’t, now what are we going to do?” said O’Leary.

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“Canada is a really great partner of the United States and we’ve got to get back in sync with it. But Donald has made it very clear it’s not going to be business as usual.”

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