Liberation Day

border_humper

Staff Member
Moderator
Chief Disinfo Officer
Canada avoids new tariffs, existing tariffs remain in place.

A senior White House official said the initial broad 25 percent tariff placed on goods from Canada and Mexico in relation to illegal migration and fentanyl trafficking will remain in place. The current exemptions for goods covered by the United States-Mexico-Canada Agreement (USMCA) free trade deal, implemented on March 6, also remain. Canada also previously received a 10 percent tariff on its energy exports, and this will be unchanged.
“At this time, Canada and Mexico, they continue to be subject to the national emergency related to fentanyl and migration, and that tariff regime will persist while those conditions persist, and they will be subject to that regime, and not the new regimes,” said the official in speaking to reporters before Trump’s announcement.



Trump has dubbed it Liberation Day—a piece of branding with more substance than cynicism. For weeks, he’s signaled that a sweeping new tariff regime is coming. Twenty percent across the board? A reciprocal system that mirrors foreign rates? Something hybrid and more complex? The ambiguity is not a bug. It’s leverage.

As a Bloomberg columnist put it in a moment of unguarded awe, “I can’t recall the last time when so many people around the world were waiting for a White House announcement where no one seems to know what exactly is going to be announced.”



View: https://x.com/dc_draino/status/1907443215617151109?s=61&t=gOuPM4AwCWPbUFeBYBm1rg

PP will renegotiate early
 
Last edited:
Upvote 4
Back
Top