4 ms·
Just want to point out an often forgotten fact: the tariff imposed on dairy product by Canada that Trump keeps repeating in order to validate his new tariff is
by hamstercat 8y ago
Just want to point out an often forgotten fact: the tariff imposed on dairy product by Canada that Trump keeps repeating in order to validate his new tariff is deliberately confusing. It's true that they exist and are pretty big (it's almost at 250%), but dairy products accounts for 0.1% of all trade between the two nations. It's a rounding error. Turns out even with those tariff, US has a trade surplus of dairy products. I also believe agriculture is a national security concern, but that's just an opinion.
I guess I don't understand the ulterior motive of pissing off allies over such minor concerns. The steel tariff will have an impact, but the proposed car tariff will have devastating effects on both side of the borders.