{"id":139682,"date":"2026-07-22T17:02:12","date_gmt":"2026-07-22T17:02:12","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/139682\/"},"modified":"2026-07-22T17:02:12","modified_gmt":"2026-07-22T17:02:12","slug":"wsj-editorial-board-calls-trumps-canada-tariffs-madness","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/139682\/","title":{"rendered":"WSJ Editorial Board Calls Trump\u2019s Canada Tariffs \u2018Madness\u2019"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/9FA4DEB8DFC375BDB182C8B5A5D1A21303643187DD980BE6BBC25A8D9EF8012B\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthedailybeast.com%2Fff414c93e5dfb0aece8d94bdfdaf786c\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"U.S. President Donald Trump speaks about election security during an address to the nation from the East Room of the White House in Washington, D.C., U.S., July 16, 2026.     SAUL LOEB\/Pool via REUTERS\" height=\"540\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> via REUTERS           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Wall Street Journal&#8217;s editorial board has eviscerated the &#8220;madness&#8221; behind President Donald Trump&#8217;s economic policy.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Trump, 80, enacted a nearly 100-year-old tariff act to hit Canada with 50 percent levies on a plethora of goods, all because our northern neighbors hit the U.S. with retaliatory measures over Trump&#8217;s original penalty from March last year.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The mess was described as &#8220;senseless&#8221; by the Murdoch-family-owned paper&#8217;s influential board. &#8220;The more Mr. Trump keeps swinging recklessly, the more Americans are likely to think there&#8217;s only madness in his tariff methods,&#8221; it wrote in an <a href=\"https:\/\/www.wsj.com\/opinion\/donald-trump-tariffs-canada-section-338-trade-a555e60f?mod=opinion_lead_pos4\" data-ylk=\"slk:opinion%20piece;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;opinion piece&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">opinion piece<\/a> on Tuesday.  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/8804E2DB4D642BF38434885D9B83A7C329364F245CB5D7FA34826A68C9AF4E14\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthedailybeast.com%2F4789564b95510ee72a378bfa0591f280\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Canadian Prime Minister Mark Carney with Trump. \/ Jim Watson\/Getty Images\" height=\"540\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Canadian Prime Minister Mark Carney with Trump. \/ Jim Watson\/Getty Images           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Trump&#8217;s tariff war with Canada has unfolded in waves, turning America&#8217;s closest trading relationship into a tit-for-tat fight.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In February 2025, Trump announced plans for sweeping tariffs on Canadian imports, initially threatening a 25 percent levy on most goods before delaying implementation.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In March last year, the U.S. imposed 25 percent tariffs on many Canadian goods, while applying a 10 percent tariff on Canadian energy products. Canada responded with 25 percent counter-tariffs on around C$30 billion ($21.28 billion) worth of U.S. goods.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">By April last year, Trump&#8217;s separate 25 percent tariffs on imported vehicles took effect, hitting Canadian-made cars and trucks, though USMCA-compliant vehicles received partial exemptions. Canada later maintained 25 percent retaliatory tariffs on selected U.S. vehicles, steel, and aluminum.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Throughout 2025 and 2026, the U.S. kept additional tariffs on Canadian steel, aluminum, copper, and lumber, with duties reaching as high as 50 percent on some metals.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This month, Trump escalated the dispute again by announcing 50 percent tariffs on a broad range of Canadian goods, including wine, hockey sticks, and cement, accusing Ottawa of unfair treatment of U.S. farmers, automakers, and alcohol producers. Canada&#8217;s Prime Minister Mark Carney warned that &#8220;all options&#8221; were on the table as the two sides returned to negotiations.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This, the WSJ board wrote, is evidence of Trump enjoying &#8220;showing off his new tariff bazooka.&#8221;  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/AE4EA4BB8A08641603B94A0ECE8891298CF81DEEECC4881207F6810111ECDFD2\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fthedailybeast.com%2Fe928feba7da9d62d12b93bcef3909b77\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Trump has sparred with Canada throughout his second term. \/ Chip Somodevilla \/ Getty Images\" height=\"540\" width=\"960\" class=\"yf-lf2kr7 loader\"\/><\/a> Trump has sparred with Canada throughout his second term. \/ Chip Somodevilla \/ Getty Images           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The result is a trade war between two deeply intertwined economies, with Washington and Ottawa repeatedly using tariffs as leverage while trying to avoid a wider economic rupture.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;The trade brawl could leave both countries with more bruises than a hockey fight,&#8221; the WSJ board argued.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Trump&#8217;s latest tariff escalation followed an outing with Carney, 61, as the two watched the World Cup final between Spain and Argentina from a VIP box of New Jersey&#8217;s MetLife Stadium and later took part in the medal ceremony.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">After returning to Joint Base Andrews from the game, Trump <a href=\"https:\/\/www.youtube.com\/watch?v=jz4CwUy6Lkw\" data-ylk=\"slk:told%20reporters;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;told reporters&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">told reporters<\/a> that he had a &#8220;good&#8221; conversation with Carney and said he complained about the smoke from Canadian wildfires drifting into the U.S.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;I told him, I mean, &#8216;You got to stop these fires from coming in and, you know, poisoning our air,'&#8221; the president said. He added that he has a &#8220;good relationship&#8221; with Carney before suggesting he could impose more tariffs to punish Canada over the wildfire smoke, a threat he had first made in a <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116936952365066409\" data-ylk=\"slk:Truth%20Social%20post;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Truth Social post&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Truth Social post<\/a> on Friday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">However, a senior Trump official told <a href=\"https:\/\/www.axios.com\/2026\/07\/20\/trump-tariffs-canada-trade-war\" data-ylk=\"slk:Axios;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Axios&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Axios<\/a> that Monday&#8217;s new tariffs were unrelated to Trump&#8217;s earlier wildfire tariff threat, while noting that such measures remain on the table.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The White House has been contacted for comment.  <\/p>\n","protected":false},"excerpt":{"rendered":"via REUTERS The Wall Street Journal&#8217;s editorial board has eviscerated the &#8220;madness&#8221; behind President Donald Trump&#8217;s economic policy.&hellip;\n","protected":false},"author":2,"featured_media":139683,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[46230,17,45581,162,111,46232,46231],"class_list":["post-139682","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-50-percent","tag-canada","tag-canadian-goods","tag-donald-trump","tag-mark-carney","tag-retaliatory-measures","tag-tariff-war"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/139682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=139682"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/139682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/139683"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=139682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=139682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=139682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}