Peak shipping: The CAN-am tariff war is switched on and what that means for Canadians

Via its website and daily newsletter, the Peak (A Zoomermedia-Immobilie) offers Canadians the news you need to understand business, technology and other must-know stories.

In this shipping, the climax deals with the tariff war, which Donald Trump initiated on Tuesday, followed by ZoomerA look at the press conference of Prime Minister Justin Trudeau, in which Canada’s reaction is listed.

After a month of the month, Donald Trump’s punishment against Canada for trade deficits and the perceived lax border security arrived.

What happened: The 25 percent US tariffs for Canadian goods and 10 percent tariffs for Canadian energy come into force today. Feds are expected to affect 25 percent counter-tariffs that affect the goods worth $ 30 billion, three weeks later there were $ 125 billion.

Why it is important: There are no two options; With a hit of up to 4.2 percentage points, the trade war will lead to Canada’s annual GDP on the table. The pain started yesterday, and the LOORE fell below 0.69 US dollars and the TSX crater after Trump said that the tariffs were one.

What’s next: The way to end the trade war is cloudy, and Trump says that it is “no space left” to negotiate. It seems that Canada still did not do enough in his eyes even after the start of a planning plan of 1.3 billion US dollars to strengthen border security and the appointment of a fentanyl tender.

• The head of the Canada Border Services Agency shared the Globus and mail It is unclear what the agency could do to change Trump’s opinion.

Overall picture: In view of its exaggerated view of the fentanyl smuggling, it may not be possible to meet Trump’s expectations. The head of the RCMP says that there is no data that show mass quantities from Canada. In the meantime, the statistics of the White House are very questionable. – Quinn Henderson

Canada’s answer

https://www.youtube.com/watch?v=bpmruhvicac

Trump’s decision to redesign the trade war with Canada came after Trudeau’s attempt to address Trump’s concerns about border security – a problem that the President claimed that he had to advance his decision to impose Canada. In an attempt to appease Trump, the government of Trudeaus led a border plan of $ 1.3 billion to the appointment of a fentanyl tender and the use of additional employees, drones, surveillance equipment and helicopters.

Trudeau spoke directly to President Trump and said: “It’s a very stupid thing.” He added: “We two friends who fight are exactly what our opponents want to see around the world.”

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