XPost: alt.fan.rush-limbaugh, alt.politics.republicans, alt.computer.workshop
Trump wins again.
'Canada Raises White Flag On Tariffs, Drops Retaliation'
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http://breitbart.com/economy/2025/08/22/canada-raises-white-flag-on-tariffs-drops-retaliation/>
'Canada will drop retaliatory tariffs to match U.S. exemptions for goods covered by the United States-Mexico-Canada Agreement, Prime Minister
Mark Carney said Friday, aligning Ottawa’s policy with Washington’s carve-outs under the 2020 pact.
“Canada currently has the best trade deal with the United States. And
while it’s different from what we had before, it’s still better than
that of any other country,” Carney said.
The announcement followed a phone call Thursday between Carney and
President Donald J. Trump and a Friday cabinet meeting. The government
cast the step as a way to reset talks with Washington ahead of the
USMCA’s 2026 review. Carney said U.S. commitment to the core of the pact means the average tariff rate on Canadian goods is among the lowest and
that more than 85 percent of Canada-U.S. trade remains free of tariffs. Canadian and Mexican companies can claim preferential treatment under
the agreement.
The shift departs from the approach of former Prime Minister Justin
Trudeau, who imposed counter-tariffs after new U.S. duties were
announced. Before those took effect, the Trump administration exempted
goods covered by the free-trade deal. Ottawa will now formally match
that treatment.
Frictions remain around sector-specific national-security duties. The
United States has imposed so-called Section 232 tariffs that apply to
Canada despite the USMCA, including a 50 percent levy on steel and
aluminum imports.
“Canada and the United States have reestablished free trade for the vast majority of our goods. Canada will retain our tariffs on steel, aluminum
and autos as we work intensivily [sic] to resolve the issues there,”
Carney said.
Carney earlier withdrew a plan to tax U.S. technology companies after
Mr. Trump said he was suspending trade talks with Canada over the
proposal, calling it “a direct and blatant attack on our country.”
Labor leaders criticized the move. Lana Payne, president of Unifor,
Canada’s largest private-sector union, said the government should not
retreat unless all punitive U.S. tariffs are lifted.
“Trump’s attacks on auto, steel, aluminum, and forestry sectors are
hurting Canadian workers in real time,” she wrote on social media.
“Walking back counter-tariffs isn’t an olive branch. It only enables
more U.S. aggression.”'
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