Trump Threatens Tariffs on Canadian Lumber and Dairy Products
The US President has announced that he could impose tariffs on Canadian lumber and dairy products as soon as today, just two days after pausing tariffs on goods and services compliant with the USMCA. This move comes amid tensions surrounding executive power, accountability, and the implications of Trump's actions within government agencies. The ongoing trade dispute between the US and Canada is having far-reaching consequences for industries and consumers across North America.
- The escalating trade tensions could have a ripple effect on the global economy, particularly in industries that rely heavily on cross-border trade, such as forestry and agriculture.
- What will be the long-term impact of these tariffs on the livelihoods of small business owners and farmers who rely on exports to Canada?