The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, and Canada immediately said it would retaliate, after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies.
Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
“Canada will match those tariffs dollar for dollar to protect our workers and businesses,” Canadian Prime Minister Mark Carney said in a statement. The retaliation escalates the trade conflict and calls into question the future of a North American trade pact between the United States, Canada and Mexico that is crucial to industry in all three countries.
This is not retaliation. It’s reciprocity. Retaliation would be to tarrif or cut off energy, potash etc.
They are not mutually exclusive.
Another fuck the people tariff? Courts will strike it down in a few months and the gov will refund the companies… but not the people the who the company past ln the cost to and now locked in the hire price.
The statement by the Canadian Prime Minister said they were making good progress until, at the last moment, the U.S. introduced some conditions that were “unfair, uneconomical and called into question the reliability of any deal.”
With friends like the USA who needs enemies?
Canada has been ceding our sovereignty by centimetres since the signing of NAFTA. It’s time to take it back.
Give them an inch and they’ll take 1609.34 Meters.
Keep US products out of stores here. That would have a much more sizable impact in my opinion, rather than tariffs on Canadians.
