Dem
47
GOP
53
As long as we are on the subject of Trump administration foreign policy, and Donald Trump's id, the President directed another major hissy fit in the direction of Canada yesterday. He says that the folks up north have imposed very protective tariffs on some American goods, including cars, alcohol and dairy. So, he will retaliate by hitting the Canadians with a 50% tariff on "certain" Canadian goods.
It is not clear exactly what goods will be affected, as the White House has not released an updated tariff schedule yet. All the administration spokesperson said was that the affected products range from "wine to hockey sticks to cement." So, they're really hitting the Canadians where it hurts. The tariffs are being imposed under the terms of the Tariff Act of 1930, which means that they will not go into effect for 30 days after the formal order is signed by Trump.
Needless to say, 30 days is plenty of time for Trump to TACO. Heck, it's time for him to TACO something like 50 times. So, you probably don't quite yet need to rush to the store and stock up on hockey sticks while they're still affordable. If such steep tariffs do take effect, then it will certainly help stoke inflation in the United States. It will also lead to retaliation from Canada, and possibly from Mexico, as the new tariffs may be a violation of the United States-Mexico-Canada Agreement. Anyhow, we're definitely still in wait-and-see territory, for now. (Z)