The Canadian government carried out their tariffs, so today the White House introduced 50% ‘stacking tariffs’, on top of pre-existing tariff rates, and additional import bans against several Canadian products.
It should be quickly noted that several North American corporations are already making moves to avoid the issues by shifting production lines and adding additional investment into U.S. manufacturing. As expected, getting locked out of a 32 trillion economy is not an option for survivability.
The easiest way to review the issues is not to read media reports, but rather to read the actual outcomes as announced by the White House and USTR. CTH has noticed several Canadian outlets are already making false claims.
