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Showing stories tagged #us-canada — clear filter
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US-Canada trade negotiations collapsed after Washington prioritized its own interests, leading to a trade war and whipsawing Canadian stocks. The breakdown underscores the futility of dialogue with the current US administration.
🐿️ This isn't just a spat; it's a strategic signal that the US will abandon even its closest allies for unilateral gain.
US President Donald Trump escalated trade tensions with Canada by threatening 50% tariffs on vehicles, steel, and auto parts effective January 1, 2027, after negotiations failed. Canadian PM Mark Carney responded that 'we got attacked' as new tariffs on items like hockey sticks and tongue depressors took effect.
🐿️ This tariff war is like two squirrels fighting over the same acorn—both end up hungry and the tree gets damaged.
