All posts tagged "Canada"

President Donald Trump's trade war with Canada is battering the American dairy producers he has repeatedly claimed to be protecting.

In a Thursday article for "The Bulwark," economics editor Catherine Rampell said U.S. dairy "was supposed to be the one industry President Donald Trump was actually helping." Instead, she wrote, "American dairy farmers are now saying: Please, stop helping."

Trump often points to dairy as proof that Canada cheats the U.S. on trade, and he has put Canada's dairy tariffs at 250 percent or 400 percent, depending on the day. Rampell noted that those steep rates apply only to sales above a tariff-free quota set under the USMCA, the trade deal Trump negotiated in his first term. Citing the International Dairy Foods Association, she reported that U.S. producers have never come close to hitting that cap. The U.S. also sells roughly three times as much dairy to Canada as it buys....

President Donald Trump admitted to confusion Saturday when faced with a simple question regarding one of his own deals.

Trump, asked by a reporter if he was considering a withdrawal from the United States-Mexico-Canada Agreement he negotiated and passed during his first term — and touted as "the best agreement we've ever made" — appeared not to remember it on Saturday.

"Are you considering withdrawing from the USMCA deal?" the reporter asked. ...

Sen. Susan Collins (R-ME) is publicly breaking with President Donald Trump over his handling of the escalating trade war with Canada, calling it a "mistake" as she fights for political survival in a race where her Democratic challenger is now leading in the polls.

Collins told the Wall Street Journal that Trump's own rhetoric toward America's northern neighbor, including calling Canadian officials "governor" and pushing to rename Lake Ontario, has actively hurt efforts to resolve the dispute.

"We're linked in so many ways. It's economic, it's emotional, and to hear the president gratuitously calling prime ministers 'governor' or suggesting that Canada should be part of the United States or renaming Lake Ontario is painful," Collins said. "It is not conducive to getting back to the table and resolving these issues."...

Canada's energy minister is relishing the prospect of telling the United States "no" if it comes begging for more electricity.

According to an article by Politico, Canadian Energy and Natural Resources Minister Tim Hodgson said that his government is racing to build mines and electricity projects in response to President Donald Trump's economic aggression. Hodgson said that Canada doesn't plan to share the resources from those projects.

"Nothing would make me happier than when the United States asks us for more electricity to say, 'You know what, we've got a lot of mines we need to develop in northern British Columbia,'" Hodgson said. "Nothing would make me happier than just saying, 'You know what, we're going to use all our electricity here. We're going to build new mines, new processing facilities.'"...

President Donald Trump has launched a new offensive in his trade war with Canada, aiming this time at a Canadian airplane manufacturer.

The president targeted Bombardier on Truth Social Monday, claiming the company would be banned from selling their products in the United States.

“NO MORE SELLING," Trump declared. "Their products aren’t good enough! Over 50% of their revenue comes from the United States — They live off American Buyers, American Companies, American Airports, and American Service — All while Canada blocks our GREAT American Banks, and Companies, throughout the U.S.A. They even blocked Gulfstream Aerospace from doing business in Canada — Completely unjust and unfair! That Era is OVER!”...

The Justice Department accidentally stopped working with Canada after a division chief misunderstood instructions to reschedule a meeting, The Wall Street Journal reported.

According to a Friday article, the DOJ's antitrust division was instructed to halt all work with the Canadian government after an email was sent out with the subject line, "Pause on Canada." The chief of the antitrust division's international section, Lynda Marshall, sent out the email after she was told to reschedule a meeting.

The email ordered DOJ officials in the division to stop all cooperation on cases and engagement on policy issues with Canadian authorities, according to The Journal. Marshall didn't offer any reasoning in her email for why the division had to stop working with Canada, but she wrote that she would "circle back if the guidance changes," The Journal reported....