"The End Of Canada"
I keep thinking back to Trump's remark last year that Justin Trudeau, in his last days as prime minister, told him that " a 25% tariff on the Canadian auto industry would be 'the end of Canada'" . Via the AP : Trump invoked Section 338 of the Tariff Act of 1930 to impose 50% tariffs on Canadian products ranging from hockey sticks to beer. In proclamations issued Monday, Trump claimed that Canada discriminates against American exports of autos, alcohol and cheese. He is angry over Canada’s retaliation against his own tariffs last year, which were imposed under the pretext that Canada should do more to stop fentanyl smuggling. . . . Section 338 of the law authorizes the president to impose tariffs of up to 50% on imports from countries that have discriminated against U.S. businesses. No investigation is required. Nor is there any limit on how long the tariffs can stay in place. Section 338 tariffs have never been imposed. U.S. trade negotiator...