Saturday, August 22, 2026

What the media is hiding from us!-----Canada's PM Carney called back his negotiating team and the US has gone ahead with the tariffs that were threatened: a new 50% tariff on about 5% of the products that Canada exports to the United States..

Let's talk about fairness here.  - John F. Di Leo
  • President Trump's main goal is no secret: reduce everyone's imports from China; make more countries do more of their own manufacturing, and reward them for doing so.
  • But Canada (and Mexico too, incidentally) have continued to outsource more and more to China over the past couple of decades (that's what put NAFTA/USMCA in jeopardy), and this current negotiation was in part about the domestic content as well.
Let's talk about fairness here. 
  • If we're setting huge tariffs on direct imports of Chinese goods into the USA, and Canada sends mostly-Chinese products into the USA at low tariffs, that's not fair at all, is it?...

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