2d ago

Trump threatens reciprocal tariffs on lumber, dairy from Canada.

www.voanews.com Trump threatens reciprocal tariffs on lumber, dairy from Canada

Canadian lumber, dairy imports may get hit with new US tariffs

U.S. President Donald Trump said Friday that Canada has been "ripping off" the United States for years with tariffs on lumber and dairy products and threatened to place reciprocal tariffs on Canada as early as Friday.
Speaking to reporters in the Oval Office, Trump said the "tremendous tariffs" Canada imposes on U.S. dairy and lumber products made it impossible for the U.S. to sell its products in Canada. He said unless Canada agrees to drop them, he would impose the same tariff on Canada.

11 comments

close the border with US, ban travel to US due to the measel outbreaks.

Voice of America should probably stop getting linked to for the next few years

So… he still doesn’t understand that the markets aren’t tanking because of the tariffs themselves but because of his random behaviour and outright lies?
Announcing tariffs once a month is bad enough, but this course reversal three times in one week is going to outright destroy any market confidence in his presidency.
- "we just need certainty" - any American CEO bleating on behalf of shareholders that were willing to risk it all on authoritarian rule assuming they'd be on the lifeboat unharmed.
- That's the point. They want the market to crash so they can buy everything for cheap
- All the boycotts of US goods that I’m seeing can’t be helping, either.

Remember how Trump was talking up his most excellent USMCA trade agreement? Now he doesn't like it.

China will buy Canada lumber.
- Actually China just declared tarrifs against Canada
- China is going to eat our lunch.
  Then, stuff us into the locker after some atomic wedgies.

I guess fencing my backyard will have to wait

11 comments