Canadian Prime Minister Mark Carney has said he is “disappointed” by an increased tariff on some exports to the United States.
Donald Trump escalated a trade war by boosting the tariff rate from 25% to 35%, saying that Canada had “failed to cooperate” in curbing the flow of fentanyl and other drugs across the US border. The Canadian government says it is cracking down on drug gangs.
However most goods from Canada will dodge the import tax imposed by the US thanks to an existing trade treaty, the United States-Mexico-Canada Agreement (USMCA).
Economists and financial analysts have warned that the new levies will raise prices for businesses and consumers in the US and weigh on the economy, predictions that the Trump administration has dismissed.
“Elbows disappointed” isn’t really t-shirt material. I’m hoping for a stronger response soon.
The reality is that the 35% tariff doesn’t actually amount to much since USCMA/NAFTA basically shields 80-90% of Canadian goods.
The nasty ones are the processed lumber, steel and aluminium tariffs.
Perhaps the stronger response is not coming.
That’s up to us now I feel. I’ve been avoiding the USA and their products since the tariff bullshit began. As long as the citizens are united, we can show them.
His strategy is bond pressure. Considering CA Intel services work for a living they probably already have a copy of that NSA report the election was stolen and are changing strategy.
Maybe he will type out a strongly worded letter and even slam him if things continue on.
Here go