No one should think that Donald Trump’s action on a Canada trade WAR would SERIOUSLY last for any amount of time….
Especially with US Midterm elections bearing down on America which WILL have effect on places that ARE effected by the TONS of Trade between the two countries and their closeness…..
This IS another example of Trump’s ‘Deal’ gaming….
Punch HARD , then work his ‘Deal’….
(It does NOT always work…Ukraine/Iran and Yes…Canada with EU help)
The US and Canada are “very close” to settling their tariff standoff, according to the White House.
“The negotiations have picked up; they’re gathering steam,” said Kevin Hassett, director of the White House National Economic Council, to Fox News’ “The Sunday Briefing.”
President Trump had slapped a roughly 50% tariff on about $20 billion in Canadian goods such as beer, cheese and electronics in late August after negotiations between the countries broke down.
Canada then retaliated in kind.
“The Canadian election that just happened, including Alberta separating, made it so that it was essentially impossible to negotiate with the Canadians,” Hassett explained.
But “I think it’s very close to finally having a deal on that,” he added.
The trade war with Canada has rocked key US Senate races, including in Michigan and Maine during the run-up to the Nov. 3 midterms.
Trump has since announced plans to exempt an array of products such as paper material, machinery, plywood sheets and refrigeration equipment effective Oct. 30.
Last month, the president also exempted several other products such as road salt imports from Canada.
But he also added waste products to the tariff list, a move that had been pushed by Michigan Senate Republican hopeful Mike Rogers.
Trump, in addressing the timeline for a deal getting done, told Fox 2 Detroit, “It could be before the actual election.”
…
“Almost above everything else that we’ve done at the National Economic Council has been working on Maine and Alaska fisheries because the Europeans set up a regulation that made it so that basically lobsters from Maine couldn’t go to Europe anymore,” Hassett said….
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