Trump vs. Canada: The Trade War Just Got More Expensive
Relations between the USA and Canada have officially hit the rocks, and now your car might cost more.
It turns out that trade negotiations are going about as well as a family dinner where everyone is already holding a grudge. After talks between the USA and Canada blew up, Trump decided to turn the heat up to 50% on everything from hockey sticks to cheese.
Carney tried to walk away from the table, but now Trump is doubling down, threatening to slap a massive 50% tariff on all Canadian cars, trucks, and steel starting in January. The logic? Apparently, the neighbor to the north is "among the worst nations" to deal with. Meanwhile, the math on the trade deficit is being debated, but facts have never really been the main character in this story.
It is hard to imagine a world where the border becomes a massive customs bottleneck, but here we are. Apparently, being a neighbor isn't enough to stop the urge to treat the entire border like a high-stakes poker game.
Source: The Washington Post
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