Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
www.cnbc.com
President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.

Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington.

“Instead of working with the United States, Canada retaliated with its own Tariffs,” Trump said in his letter to Mark Carney, prime minister of Canada, posted on Truth Social.

  • Pacattack57@lemmy.worldEnglish
    11·
    5 months ago

    I don’t understand how so many countries just take this shit. Does the US economy have that strong a hold on your country that you are scared to stand up for your people? How shitty of a leader do you have to be to not have a contingency in place for something like this?

    • OminousOrange@lemmy.caEnglish
      61·
      5 months ago

      Well, Canada’s only meaningful land border and a vast amount of transportation infrastructure is to the US, so any reasonable leader would probably try to maximize trade with that neighbour as long as they are an ally. Carney has definitely focused on more European trade, but yes, perhaps there should have been more diversification even before Donny.

      • Pacattack57@lemmy.worldEnglish
        21·
        5 months ago

        The is reasonable but very short sighted. You don’t put your eggs in 1 basket as the saying goes.

        • Maverick604@lemmy.caEnglish
          3·
          5 months ago

          While this is obviously true now, in hindsight, it’s certainly not fair. The entire western world put all of their eggs in the USA basket… why? Because after WWII there was a real sense that the USA was trustable. That they would work toward freedom, democracy, and (importantly) expanding markets in the world. The USA made the basket and the rest of the world piled in their eggs. Despite plenty of evidence to the contrary (Panama, Vietnam, Iraq, Afghanistan, etc all), the world continued to believe the lie that America was happy promulgating. Nobody reasonable believed America would take a hard right turn to fascism and voluntarily elect a leader that would throw the basket — the basket they made to always favour America — in the trash. But here we are. Yes, the world never should have agreed to America putting itself at the top of the pile. But we did and now the world is busy re-orienting without America. I think that’s for the better, but then again I’m not American. I think Americans are in for a rude awakening when the Trump policies actually come home to roost… of course he’ll be gone by then and they’ll just blame whatever democrat inherits the burning hulk of America that he leaves behind.

  • rozodru@lemmy.worldEnglish
    36·
    5 months ago

    i.e. his rich buddies called him up and said “we need/want more money, go manipulate the market again” to which Trump said “sure i’ll fuck with Canada some more”

    that’s all this is. Carney needs to stop playing nice and start up the digital service tax again.

    • JeeBaiChow@lemmy.worldEnglish
      2·
      5 months ago

      It’s like pushing a button that you think is hurting the guy on the other side of the table, only to look under the table and realize the wires aren’t connected to anything and they were just having you on.

  • MuskyMelon@lemmy.worldEnglish
    52·
    5 months ago

    Why not now? Why wait till Aug 1? Just make it so.

    You know why? He’s fishing for more concessions.

    Canada should just say fuck it and raise the digital sale tax and then fling fentanyl across the border with trebuchets.

  • yucandu@lemmy.worldEnglish
    8·
    5 months ago

    Carney needs to call them out and publicly state that the taxes are never going to end because Trump is using them as a fundraising scheme.

  • Bwaz@lemmy.worldEnglish
    5·
    5 months ago

    Wait, I was just now wondering about the Epstein files but… now that this important proclamation has been yeeted out… I’ve forgotten about that. Odd