BREAKING: “We have to believe that at some point, common sense will prevail. But we see no sign of that in this action today by the US administration,” Canadian PM Trudeau says after new US tariffs. https://t.co/N5dQPmH0O9 pic.twitter.com/JmGEOlfPAx
— NBC News (@NBCNews) May 31, 2018
Courtesy of The Hill:
At a press conference Thursday, the Canadian leader issued some of his strongest remarks against the Trump administration’s trade policies to date.
“Let me be clear: These tariffs are totally unacceptable,” Trudeau said. “Canadians have served alongside Americans in two world wars and in Korea. From the beaches of Normandy to the mountains of Afghanistan, we have fought and died together.”
Noting that Canada purchases more U.S. steel than any other nation, Trudeau lambasted the Trump administration for initiating the tariffs under the guise of confronting a threat to national security.
“Canada is a secure supplier of aluminum and steel to the U.S. defense industry, putting aluminum in American planes and steel in American tanks,” Trudeau said. “That Canada could be considered a national security threat to the United States is inconceivable.”
“These tariffs are an affront to the long-standing security partnership between Canada and the United States, and in particular, to the thousands of Canadians who have fought and died alongside American comrades-in-arms,” he finished.
Canada also announced that it would retaliate with tariffs of their own.
Courtesy of NBC News:
Canada will retaliate against new U.S. tariffs by imposing its own trade barriers on U.S. steel, aluminum, and other products, Canadian Foreign Minister Chrystia Freeland said Thursday.
Freeland said Canada plans to slap dollar-for-dollar tariffs on the U.S. The Nafta partner’s proposed import taxes would also cover whiskey, orange juice and other food products alongside the steel and aluminum tariffs.
The retaliatory measures will cover CA$16.6 billion in imports, Freeland said. The products being targeted will be subject to tariffs between 10 percent and 25 percent.
So we are now essentially in a trade war with Canada.
And Trump justifies this by lying about the situation.
Canada has treated our Agricultural business and Farmers very poorly for a very long period of time. Highly restrictive on Trade! They must open their markets and take down their trade barriers! They report a really high surplus on trade with us. Do Timber & Lumber in U.S.?
— Donald J. Trump (@realDonaldTrump) June 1, 2018
That is demonstrably untrue, by the way.
By the way, we have now officially placed more tariffs on our allies than we have China.
You remember China, eight?
That was the country that Trump bitched about cheating the United States through unfair trade practices throughout his entire campaign.
But instead, we are punishing Canada.