Trump’s 50% tariffs on Canada are an approximate 2.5% effective rate increase, less severe than headlines suggest: Economist

Trump’s 50% tariffs on Canada are an approximate 2.5% effective rate increase, less severe than headlines suggest: Economist

U.S. President Donald Trump’s move to impose 50 percent tariffs on a range of Canadian exports has sparked alarm across the country. But according to a leading trade economist, the actual economic impact may be far less dramatic than the eye-popping headline number suggests.

On Monday, Trump signed three proclamations under Section 338 of America’s Tariff Act of 1930—a provision unused for decades—imposing the new duties in response to what the administration calls Canada’s discriminatory treatment of American motor vehicles, alcohol, and dairy products.

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Carney won’t rule out retaliation to latest tariff threat

Carney won’t rule out retaliation to latest tariff threat

OTTAWA – Prime Minister Mark Carney did not rule out retaliation in response to U.S. President Donald Trump’s latest tariff threat on a number of Canadian goods, part of the latest escalation of the U.S.-Canada trade conflict.

“We have a situation where the American tariffs, the 338 tariffs, will come into effect in 29 days, and we will look at all options in terms of how we would respond if they do come into effect,” Carney told reporters in Ottawa on Tuesday.

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Donald Trump says Canadians ‘need us to survive’ after Mark Carney says trade talks will ‘intensify’

Donald Trump says Canadians ‘need us to survive’ after Mark Carney says trade talks will ‘intensify’

OTTAWA — Prime Minister Mark Carney says he has agreed to “intensify” trade negotiations with the U.S. after President Donald Trump threatened punishing new tariffs on Canada.

Carney said he spoke with Trump on Tuesday morning following Monday’s announcement that the United States plans to impose 50 per cent tariffs on a wide swath of Canadian goods in 30 days.

h/t Patti Jo

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Ford refuses to lift U.S. booze ban, says Canada ‘could dismantle the U.S. if we wanted to’

Ford refuses to lift U.S. booze ban, says Canada ‘could dismantle the U.S. if we wanted to’

TORONTO — Ontario Premier Doug Ford has vowed not to lift the province’s ban on U.S. alcohol and urged Canada to take an aggressive approach to looming American tariffs, declaring that “we could dismantle the U.S. if we wanted to.”

h/t Mauser, Clink and Auntie Polly

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Playing defence didn’t protect Canada from Trump’s latest tariffs. It’s time to move into the offensive zone

Playing defence didn’t protect Canada from Trump’s latest tariffs. It’s time to move into the offensive zone

Donald Trump’s latest tariff tantrum, delivered the day after the World Cup finals, was a sucker punch to Prime Minister Mark Carney, who was seated with the President during the match.

The new measures, which were announced Monday, impose 50-per-cent duties on roughly US$20-billion worth of Canadian goods, from milk and cream to alcohol, hockey equipment and electrical machinery, and are set to take effect on Aug. 19. The administration cast them as retaliation for what it calls Canada’s unfair treatment of American dairy, alcohol and automakers. Tellingly, the list spares energy, potash and critical minerals – all things the U.S. urgently needs from us right now, along with goods already captured by the separate steel and auto tariffs.

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CHARLEBOIS: Donald Trump’s new tariffs put Canada’s food economy on menu

CHARLEBOIS: Donald Trump’s new tariffs put Canada’s food economy on menu

The United States has announced a sweeping 50% tariff on Canadian goods, citing discriminatory treatment of American alcohol, automobiles and dairy products. The duties are expected to take effect Aug. 19 and, unusually, will reach some products that would ordinarily receive preferential treatment under the Canada-U.S.-Mexico Agreement. Energy, potash, fish and critical minerals are among the reported exemptions.

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Why Trump is threatening new 50% tariffs on Canadian exports right now

Why Trump is threatening new 50% tariffs on Canadian exports right now

It may appear that U.S. President Donald Trump’s move to hit many Canadian products with new tariffs of 50 per cent came out of the blue, but there are clear signs of what’s driving the tactic.

Monday’s announcement comes as the U.S. pushes for significant changes to the Canada-U.S.-Mexico Agreement (CUSMA), changes that would lock any Canadian trade concessions into the text of a trade deal.

The Trump administration wants to wipe out as much of Canada’s leverage in those CUSMA talks as possible.


This guy gets it. Canada is not going to win with Carney’s strategy.

This idiot doesn’t get it.

(more…)

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LILLEY: Trump owns the trade war. Carney owns his response

LILLEY: Trump owns the trade war. Carney owns his response

It’s unbelievable how far the Canada-U.S. relationship has deteriorated, and it’s hard to see it recovering. The anti-Canadian rhetoric and attitudes coming out of Washington are likely at their lowest point since calls to take over parts of British Columbia were expressed in the slogan “54-40 or Fight.”


Meanwhile … Hoekstra says Canadians ‘don’t think very highly’ of U.S. as Trump threatens new tariffs

Carney the great negotiator.

(more…)

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U.S. to impose new 50% tariff on Canada over alcohol bans, dairy quotas

U.S. to impose new 50% tariff on Canada over alcohol bans, dairy quotas

The U.S. said Monday it will be imposing an additional 50 per cent tariff on Canadian imports due to retaliatory and “discriminatory” measures Canada took in response to U.S. President Donald Trump’s tariffs.

The new tariff will take effect 30 days after Trump signs the executive order and will apply to goods covered by the Canada-U.S.-Mexico Agreement on free trade, a senior administration official told reporters on background.


Trump’s new 50% tariff targets even CUSMA-compliant goods

Maybe Carney should be sent on a long vacation.

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‘Bunch of rubbish’: Ford responds to Trump over threats of wildfire smoke tariffs

‘Bunch of rubbish’: Ford responds to Trump over threats of wildfire smoke tariffs

Premier Doug Ford says U.S. President Donald Trump’s threat to introduce new tariffs on Canada over northern Ontario wildfire smoke that’s drifted south of the border is a “bunch of rubbish.”

“Rather than sit there and complain, why don’t we see some help from President Trump. Send up some water bombers, send up some wildland firefighters, but then again, they have thousands of fires going in the U.S. right now, but you don’t hear Canada ever complain,” Ford said at a news conference Monday.

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Bourbon banned, bridges empty: Border towns paying for Trump’s Canada feud

Bourbon banned, bridges empty: Border towns paying for Trump’s Canada feud

The collapse in American-Canadian relations since President Donald Trump’s return to the White House is usually measured by tariffs, trade agreements, and diplomatic insults. But the real cost is being paid in border towns.

Nowhere is this more apparent than in Michigan, where deteriorating relations between Washington and Ottawa are hurting communities.

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Lutnick boasts U.S. will get 50% of net revenue on Gordie Howe Bridge, calls it ‘Art of the Deal’

Lutnick boasts U.S. will get 50% of net revenue on Gordie Howe Bridge, calls it ‘Art of the Deal’

Amid the confusion over precisely what deal Canada struck with the U.S. to open the Gordie Howe International Bridge, U.S. Secretary of Commerce Howard Lutnick has weighed in on social media with his own calculations.

“The USA struck a great deal with respect to the Gordie Howe Bridge,” he wrote in a social media post on Saturday. “Before this deal we got NOTHING. Now, the U.S. gets 50% of net revenues until 2041 and a say in setting the tolls. Our share is before interest and principal.”

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As Canadians avoid the U.S., the face of summer tourism is forever changed

As Canadians avoid the U.S., the face of summer tourism is forever changed

Summertime, and the living isn’t easy for U.S. workers dependent on Canadian tourism. Boycotting travel is a trade irritant unlike any other, and one the American ambassador to Canada, Pete Hoekstra, sheepishly raised during an interview with CTV earlier this month in Vancouver.

Canadians are exercising this political defiance in opposition to U.S. President Donald Trump’s trade war with Canada. Leger polling suggests 67 per cent of those who decided to boycott travel to the U.S. in 2026 have done so because of the political climate and tensions between the two countries. An expensive U.S. dollar also makes it easier to say no.


I don’t agree with the permanence the author predicts.

Canadian visits to the US have been trending higher and I suspect our weakening standard of living keeps as many home as politics.

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