Summary
Canada will maintain its initial $30 billion (CA$) in retaliatory tariffs despite Trump postponing 25% tariffs on many Canadian imports for a month.
A second wave of tariffs, originally planned at $125 billion (CA$), has been suspended. Ontario will still raise electricity prices for U.S. customers, and B.C. is considering tolls on U.S. trucks going to Alaska.
Trudeau expects a prolonged trade war, following a heated call with Trump.
About 62% of Canadian imports remain subject to tariffs, as Trump pushes for U.S. companies to shift production domestically.
I can already see it. “I didn’t start this trade war! Canada did!!!”
Trump would drop a nuke on a country, and say that the other country started it. Even if there was only one nuke being used.
That’s basically his entire stance on Ukraine, at least. He parrots the Russian stance that the war is Ukraine’s fault, because they could have just rolled over and given up after a few days.
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