US-Canada talks go up in flames: Get ready for 50% tariffs
So, the trade peace talks just imploded, and suddenly everything from your hockey gear to your favorite beer is about to get a whole lot pricier.
It looked like we were finally getting a deal, but Mark Carney just pulled the plug on the whole thing and headed back to Ottawa. Trump was out here posting about how we had a massive agreement, only for the Canadians to walk away hours later.
Now we are looking at a 50% tariff on $28 billion worth of goods. That means your cement, your cheese, and—crucially—your hockey sticks are about to cost a small fortune. Jamieson Greer is calling this a missed opportunity, while Canada is already promising to hit us back dollar for dollar.
A trade war over hockey sticks and beer is certainly one way to spend a weekend.
Source: New York Times
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