Canadian Prime Minister Mark Carney has said he is “disappointed” by an increased tariff on some exports to the United States.

Donald Trump escalated a trade war by boosting the tariff rate from 25% to 35%, saying that Canada had “failed to cooperate” in curbing the flow of fentanyl and other drugs across the US border. The Canadian government says it is cracking down on drug gangs.

However most goods from Canada will dodge the import tax imposed by the US thanks to an existing trade treaty, the United States-Mexico-Canada Agreement (USMCA).

Economists and financial analysts have warned that the new levies will raise prices for businesses and consumers in the US and weigh on the economy, predictions that the Trump administration has dismissed.

  • engene@lemmy.ca
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    2 days ago

    The experiment is over! Let’s just move on and take care of our own affairs - increase domestic trade and improve relations in other markets to diversify our economy. We don’t need this $h!t. Let’s keep lines of communications with the US open but move them down on our priority list (only because we’re not a$$h0les).

    • StinkyFingerItchyBum@lemmy.ca
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      2 days ago

      We should be converting to electric train manufacturing for Chinese levels of public transit. A Canada ready for climate change doesn’t need much of an auto industry. Electric cars are for the rich and low density rural areas. We need Chinese levels of electric train building now. Public Transit on electric subways and trams, regional transit on higher speed electric trains and high-speed bullet trains on high density corridors.

      Fuck the US’s Steel and Aluminum tarrifs and Fuck the US auto Industry.

      Let’s build an affordable utilitarian EV industry that builds 1 pickup and 1 sedan hatchback and 1 minivan to meet most of Canada’s rural needs and then lets use our Aluminum and Steel to build the Transit of the future right fucking now.

      I don’t want to sell copper, aluminum or steel to the states when we have such tremendous nationbuilding to do at home.