Carney’s defiance of Trump could destroy the Canadian economy

Carney’s defiance of Trump could destroy the Canadian economy

Canada and the US were once great friends, allies and trading partners. They had disagreements on various domestic and international matters, wars and military conflicts. They didn’t always see eye-to-eye on trade negotiations related to the auto sector, acid rain, softwood lumber and more. Nevertheless, the two countries always found a way to return to the same page.

Yet this historic and economic relationship has now been torn apart. Canada and the US are engulfed in a full-fledged trade war, and there’s no end in sight.

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Trump’s top trade negotiator disputes Canadian assertion that U.S. made last-minute demands

Trump’s top trade negotiator disputes Canadian assertion that U.S. made last-minute demands

The Trump administration’s top trade negotiator on Wednesday disputed Ottawa’s assertion that last-minute demands from the U.S. derailed a trade deal between the two countries, saying Canadian negotiators’ concerns about the deal’s “implementation” led Ottawa to pull the plug.

In an interview with CBC News, U.S. Trade Representative Jamieson Greer said the Canadian side had new requests when his counterpart, Canada-U.S. Trade Minister Dominic LeBlanc, returned from Ottawa after the tentative deal was struck on Aug. 18.

“We had agreed to, as I’ve shared before in the press, really the best deal available to any country on the planet with respect to Canada,” Greer told CBC News chief political correspondent Rosemary Barton in his first one-on-one interview with a Canadian news outlet since trade talks broke down on Friday.

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Republicans were already nervous about November. Then Trump restarted his trade war.

Republicans were already nervous about November. Then Trump restarted his trade war.

Republicans were already struggling to defuse simmering voter frustrations over the cost of living ahead of the midterms. Then President Donald Trump rekindled his trade wars.

Trump’s latest actions — especially his decision to impose 50 percent tariffs on $20 billion worth of Canadian goods, inviting retaliatory duties from America’s No. 2 trading partner — has sparked new pushback from GOP lawmakers and candidates.

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Canadians Stand Their Ground as Trade War Intensifies

Canadians Stand Their Ground as Trade War Intensifies

Canadians responded to President Trump’s first round of tariffs a year and a half ago with a grass-roots effort to bruise the United States, boycotting alcohol, vegetables and cross-border travel.

They rallied around the flag, inspected grocery labels like detectives and shopped local, all while Prime Minister Mark Carney looked across the ocean for new trade partnerships. Across the country, Canadians had elbows up, an idiom of defiance ignited by the Canadian comedian Mike Myers that has its roots in hockey.

They won’t be dropping elbows any time soon, as new and threatened tariffs endanger jobs and the existence of companies both large and small.


I’m likin that Sharia ban!

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OTTAWA — Telling the president of the United States to “kiss his ass” has Ontario’s premier sitting pretty in the polls.

OTTAWA — Telling the president of the United States to “kiss his ass” has Ontario’s premier sitting pretty in the polls.

New numbers released Wednesday by Liaison Strategies have Progressive Conservative Premier Doug Ford retaking the lead from the leaderless Ontario Liberals, leading by four points among decided and leaning voters.

“This is a very different Ontario race than the one we saw in July,” Liaison’s David Valentin said.

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Wiped out: US faces surging toilet paper prices amid trade war with Canada

Wiped out: US faces surging toilet paper prices amid trade war with Canada

Using the bathroom or having a cry is about to become more expensive for North Americans as the US and Canada enter a full-fledged trade war that threatens to flush away decades of peaceful trading between the two nations.

After trade negotiations broke down between the two countries last weekend, Mark Carney, the Canadian prime minister, vowed to match US tariffs “dollar for dollar” and unveiled a list of nearly 900 American goods that will face 25% to 50% tariffs starting on 8 September.

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The Canadian Bad Cop on the Front Lines of the U.S. Trade War

The Canadian Bad Cop on the Front Lines of the U.S. Trade War

TORONTO—Doug Ford came out swinging.

After trade talks collapsed and the U.S. imposed new tariffs on Canada last weekend, the Ontario premier urged his country to take a hard line with the U.S. President Trump, he said, was a “dictator,” a “loser,” the “king of bankruptcies” and could “kiss my ass.”

How angry was he on a scale of one to 100? “110,” he told The Wall Street Journal.


Related …

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The worst-case scenario for the U.S.-Canada trade war

The worst-case scenario for the U.S.-Canada trade war

Despite the U.S. and Canada coming very, very close to a concord on trade, it fell apart at the 11th hour.

The result? 50 per cent tariffs on more than $28 billion worth of Canadian exports. And Canada pledging dollar-for-dollar retaliation.

Now, there is still reason to believe this might be temporary. Both sides get hurt in a trade war. Canada more so, obviously, just given our relative size as compared to the U.S. market.

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Trump’s trade war with Canada will blow up in his face

Trump’s trade war with Canada will blow up in his face

“We’ve got the reserves, we’ve got the resilience, we’ve got the plan,” a defiant Mark Carney told journalists after the breakdown of trade talks with the White House over the weekend.

Few would make the case that Canada was “attacked” and therefore is “at war”, as its prime minister plainly put it, and the idea that the country is in a position to withstand a full-blown economic conflict with the US is pretty silly.

Nearly 75pc of Canadian exports head to the US market, and the US economy is roughly 10 times larger. Meanwhile, the new sweeping tariff slate covers another C$28bn (£15bn) worth of Canadian exports – equivalent to 5pc of products sent south of the border.

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LILLEY: Ottawa’s latest tariffs mean higher prices and more questions

LILLEY: Ottawa’s latest tariffs mean higher prices and more questions

Thinking about buying a new fridge? Thanks to Ottawa’s latest tariffs, it may have just become more expensive, along with the meat, fish, and beer you keep inside.

On Tuesday, the Carney government announced a barrage of new tariffs on nearly $28 billion worth of American goods.

Canada has revealed its counter-tariffs, and we can likely expect further trade measures from the United States.


I don’t think it far fetched to suggest Carney did not want a deal with the US and may prefer to partner with China as many of his Eurotrash pals do.

He’ll get rich either way.

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Canada’s new tariffs: A list of key U.S. goods facing surtaxes

Canada’s new tariffs: A list of key U.S. goods facing surtaxes

In response to the ongoing trade dispute, the Canadian government has placed new surtaxes on a wide range of goods imported from the United States.

The table below includes some of the key products on the government’s list. CTVNews.ca has broken down the items into simple, everyday categories—from dairy and household appliances to clothing and sporting goods—to show you which items will be affected and at what rate, either 25% or 50%.

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CHARLEBOIS: Don’t tax Canada’s ‘pink gold’ potash

CHARLEBOIS: Don’t tax Canada’s ‘pink gold’ potash

Potash is Canada’s “pink gold” — one of the country’s most valuable natural resources and a cornerstone of global food production.

With tensions escalating between Canada and the United States, some Canadians want Ottawa to impose a surtax on potash exports to the American market. The proposal appears compelling. The United States depends heavily on Canadian potash, an essential fertilizer used to produce corn, wheat, soybeans and many other crops. If Washington targets Canadian industries, why shouldn’t Canada retaliate with a resource American farmers cannot easily do without?

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Mark Carney is digging in for the trade war

Mark Carney is digging in for the trade war

It’s rare to hear so many figures in the U.S. administration talking about Canada.

On Monday, U.S. President Donald Trump posted a threat to impose 50-per-cent tariff on all Canadian cars and Vice-President JD Vance was at a rally in Maine smiling at his own smarmy joke about Canada being a state. The day before, Transportation Secretary Sean Duffy was predicting a weak Canada would rush negotiators back to the table to avoid the devastating impact of U.S. tariffs.

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Tasha Kheiriddin: The end of free trade is here

Tasha Kheiriddin: The end of free trade is here

Welcome to Trade Wars, the reality show that pits the mighty United States of America against the mouse that roared, aka Canada. How’s everyone feeling today? “Kiss my ass!” yells Ontario Premier Doug Ford. “Flunky! I will rename Lake Ontario Lake America,” claps back U.S. President Donald Trump. Insert laugh track, cut to a commercial for a Ford F-150 pickup, and check out the ratings — 76 per cent of Canadians agree with Prime Minister Mark Carney’s decision to quit the talks. Everyone’s watching — what a hit.

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The illusion of leverage in Canada-US trade negotiations

The illusion of leverage in Canada-US trade negotiations

The latest failure in the trade talks between Canada and the United States has revealed a basic mismatch between political rhetoric and economic reality. Although Canadian officials, such as Prime Minister Mark Carney and the country’s trade negotiators, are still expressing confidence and maintaining that Canada has real leverage in arriving at a future agreement, the basic economic situation paints a completely different picture—one which Canadian businesses understand far better than the political leadership responsible for representing them.

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