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.
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."
Hope everyone reviewed their school notes about the dirty 30’s, because we’re about to repeat them.
Carney and envoy have done the best they could but the Orange Turd is dishonest, dishonorable, and a petulant bully child, there is no negotiating with him.
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 higher price.
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