Canada ain’t backing down…..
THAT pisses Trump Off……
I thought Trump Couldn’t just do Tariffs, which are Import Taxes?
This IS gonna get messy.
Add Canada to list of countries Donald has managed get mad at America during his Presidency…
This list IS costing American’s MONEY….
The bans are scheduled to take effect Sept. 29.
A senior Trump administration official said the U.S. trade bans would affect Canadian imports worth “single-digit billions” of dollars.
While that’s a small portion of the total imports the U.S. brings in from Canada, the ban is “unprecedented” for the two countries, which had enjoyed harmonious trade relations for decades, said one trade expert.
“It’s extraordinarily unusual, and especially for what had been a very close ally and trading partner,” said Jonathan Doh, an international business professor at Villanova University.
Canadian government representatives did not immediately respond to a request for comment Tuesday night.
For more than a year, the U.S. and Canada have been embroiled in escalating trade tensions after Trump imposed widespread tariffs on countries around the world. Last month, a deal between the U.S. and Canada fell apart at the last minute and 50 percent tariffs on some Canadian goods, including some types of milk, toys and alcohol, took effect….
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Trade officials said they have the authority to enact these import bans under Section 338 of the Tariff Act, which they said permits the president to ban products if a country “fails to change its discriminatory conduct toward that country.”
In separate proclamations Tuesday night, the Trump administration also modified the list of Canadian goods subject to the 50 percent tariffs — removing certain products such as cement, and adding certain items such as some cheeses, according to the senior trade official…..
Trump Faces Lawsuit Over 50% Tariffs on Canada
“The Trump administration is being sued over the president’s imposition of 50% tariffs on an array of Canadian goods,” Bloomberg reports.
“The lawsuit, filed on Tuesday, comes amid an ongoing trade war between the U.S. and one of its largest trading partners. The food import business that sued argues President Donald Trump lacked authority to invoke a never-before-used section of U.S. law to order the levies against Canada and that this is part of a broader trend of illegal taxing actions by the administration.”