But remember, this is not a trade war.
With American President Donald Trump announcing 25 per cent tariffs on Canadian products imported from Canada into the United States and a 10 per cent tariff on Canadian oil and gas, and Prime Minister Justin Trudeau announcing retaliatory 25 per cent tariffs on US imports, the era of free trade between Canada and the United States appears to have come to an end.
But despite all the tariffs, this is not a trade war.
Trump’s tariffs were not imposed as a retaliation to any trade dispute or economic disagreement his country has with Canada. Trump claims the tariffs are a response to illegal fentanyl crossing the US border from Canada and Mexico, but his frequent rants on social media about annexing Canada to make it the 51st State mean it’s unlikely that any action on border security taken by Canadian federal or provincial government’s will actually appease the US President.
