Summary
Donald Trump launched a trade war against Canada by imposing a 25% tariff on nearly all Canadian goods, including a 10% levy on energy products.
His action, intended to pressure Canada to curb fentanyl flows, contradicts official trade figures and ignores that most deficits result from American demand for cheaper Canadian oil.
The tariffs, set to remain until Canada complies, could cost billions to Canada’s economy and disrupt $800 billion in annual trade.
Canada is expected to retaliate, forcing Prime Minister Trudeau to respond amid escalating cross-border tensions.
What makes you think it’s supposed to help anyone? This is them speed running tearing the US down to the nails and selling it off for pennies to themselves.