this post was submitted on 03 Mar 2025
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Updated: Trump tariffs, Canadian counter tariffs now in effect as deadline passes (www.cbc.ca)
submitted 19 hours ago* (last edited 7 hours ago) by breakfastmtn@lemmy.ca to c/canada@lemmy.ca
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'No room left for Mexico or Canada' to make a deal, Trump says

U.S. President Donald Trump says his long-threatened trade war is going ahead with tariffs on Canadian goods set to take effect just after midnight and there's nothing Canada can do to stop them.

Speaking to reporters at the White House, Trump said the United States has been "a laughingstock for years and years" and he needs to take trade action against its continental neighbours.

He said Canada has allowed fentanyl to flood into the U.S. despite data that shows the claim is false.

"Very importantly, tomorrow, tariffs, 25 per cent on Canada and 25 per cent on Mexico, and that will start. So, they're gonna have to have a tariff," Trump said.

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[–] breakfastmtn@lemmy.ca 24 points 17 hours ago (5 children)

Canadian tariffs are targeted in a number of ways. One of the ways is targeting American goods that have Canadian alternatives. So the goal is to make American products less attractive by making them more expensive, damaging the US economy while bolstering our own.

There aren't really winners in trade wars but the goal is to minimize our pain while maximizing theirs.

[–] KanadrAllegria@lemmy.ca 5 points 17 hours ago* (last edited 17 hours ago) (2 children)

Thank you for the response! I haven't seen a lot of specifics about the Canadian tariffs, but maybe I just haven't been looking in the right places. It makes a lot of sense to target particular items which have Canadian alternatives, and to put pressure on Red states as u/IslandLife mentioned below.

Edit: I was wondering why the word "Teriff" didn't look right. Apparently my phone decided that was the proper way to spell Tariff.

[–] breakfastmtn@lemmy.ca 6 points 16 hours ago (1 children)

You can find a general list of the types of products covered by the initial $30B tariffs here. There's a very detailed list released by the government here.

I don't think they've released the details of the second wave of tariffs (~$155B) yet.

[–] KanadrAllegria@lemmy.ca 5 points 16 hours ago

Fantastic, thanks again! Looks like I've got some reading to do.

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