Doug Ford says U.S. plans to introduce ‘global tariff’ on April 2
https://www.ctvnews.ca/toronto/article/doug-ford-says-us-plans-to-introduce-global-tariff-on-april-2/
Posted by HicksOn106th
Doug Ford says U.S. plans to introduce ‘global tariff’ on April 2
https://www.ctvnews.ca/toronto/article/doug-ford-says-us-plans-to-introduce-global-tariff-on-april-2/
Posted by HicksOn106th
9 comments
Today, Ontario Premier Doug Ford told reporters “I can tell you what they [the Trump administration] want. They are going to put a global tariff on the whole world on (April 2).” Ford claims that this was disclosed to him during last week’s between between himself and US Commerce Secretary Howard Lutnick in Washington, DC.
Ford secured the meeting by threatening to place a 25% on electricity being sent to the United States from Ontario. Trump criticized Ford, telling reporters “you shouldn’t be playing with electricity”. Lutnick has also criticized Ford, saying that the Trump administration’s 25% tariffs on aluminum and steel imports were necessary to “break some guy in Ontario who said he was going to tax American energy 25 per cent”.
Ford claims that both US and Canadian officials remain open to negotiations. David Patterson, Ontario’s representative in Washington, met with officials in the US government Monday evening.
It is unclear whether US tariffs on Canadian and Mexican goods will go into effect on April 2 or if Trump will back down on the threats yet again. Ford believes it is necessary for retaliatory tariffs to be on the table should Trump go through with implementing his. “We will retaliate dollar for dollar and tariff for tariff. It is going to hurt the Americans, it is going to hurt us, but we can’t roll over. We have to make sure we stay strong and we stay united as a country and we have to continue on fighting.”
More like US is going isolationist on April 2 nd
This at least makes some sense in the context of rebalancing trade. The stuff targeting Canada specifically was pointless or counterproductive.
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I don’t understand where the right’s obsession with tariffs even comes from. From all the literature I read from the right, left, libertarian or whatever side I always saw then mock tariffs and call it economically foolish. Now for some reason it’s the primary tax policy of the right-wing in USA? It’s not like it will hit the poor only either this will hit all of USA and hit companies and stocks too. If you really wanted to lower taxes for the rich there are way better ways to go about it instead of forcing a small tax income this way that will ruin many businesses. USA just selling to itself will be a huge decline. The nation is known for the gigantic export.
Well, yes, that’s what he announced already no?
Mexican president said this about 2 weeks ago, she said the US plans a reciprocal tarrif scheme on the whole world, in this sense she hopes no tariffs are imposed on mexico since mexico imposes none to the US, that’s what would be implied by “reciprocal”, but she did go to say that this was not guaranteed because we’ll its trump and guy changes his mind every second, that’s why mexico is also waiting to see what happens on april 2nd.
cut government spending, cut a huge number of government jobs, tariff everything to make things more expensive. this is speed running a policy induced recession with no clear plan of how to get out of whatever economic realignment they claim they are trying to achieve.
It’s his simplistic and useless way of blaming others for whatever he feels like blaming them for.
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