Canada and the United States have ordered duelling tariffs as a burgeoning trade war between the two long-time allies began. Here are the latest updates.
The Canadian government has released a comprehensive list of American goods that will be tariffed.
The list includes cheeses, meats, milk, fruits, vegetables, coffee, spices, chocolates, pastas, fruit juices, beer, wine, liqueurs, tobacco, perfumes, beauty products, kitchenware, car parts, lumber, toilet paper, clothing and household items.
These are almost all small consumer goods. Where are the tariffs on big-ticket industrial goods and services? On Teslas? On datacenters and cloud computing services (Amazon AWS, Google Cloud, M$FT Azure, Oracle Cloud)? Hit American BigCorps where it hurts. Make the execs and shareholders feel the pain.
"This second list will be made available in the coming days, and will include passenger vehicles, trucks and buses, recreational vehicles and boats, steel and aluminum products, aerospace products, and more, according to the finance department. "
It remains to be seen what the much bigger tarifs package is gonna cover:
_Tuesday’s tariffs are the first of two phases announced by Prime Minister Justin Trudeau on Saturday, said to total $30 billion in U.S. goods. A further round of tariffs on a wider list of American products, valued at $125 billion, is expected to come into effect 21 days later, following a public comment period.
This second list will be made available in the coming days, and will include passenger vehicles, trucks and buses, recreational vehicles and boats, steel and aluminum products, aerospace products, and more, according to the finance department. _
Ultimately the everyday citizens will feel the biggest pinch in higher prices, fewer jobs, and shortages, and the fed will just raise taxes to make up the shortfall, further fucking the rest of us over. Never do these policies hamper the top of the food chain, despite them playing with our livelihoods as political fodder.