
In the news today: Trade agreement worthless with Trump tariffs
Here is a roundup of stories from The Canadian Press designed to bring you up to speed…
Architects say Trump’s tariffs ‘blows a complete hole’ in continental trade agreement
The architects of the Canada-U.S.-Mexico Agreement say U.S. President Donald Trump’s trade war has crossed a line that essentially wipes out the continental trade pact. Canada’s chief negotiator Steve Verheul and Mexico’s chief negotiator Ken Smith Ramos say 25 per cent tariffs, and a lower 10 per cent levy on Canadian energy, essentially suspend the deal. Trump followed through on Tuesday on his threat to impose sweeping economy-wide tariffs on Canada and Mexico. Verheul and Ramos both say there can be no talks about a trade pact as long as the countries are under a cloud of devastating duties.
Provinces use liquor leverage in trade war