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Trump just slapped Canada with new 50% tariffs, sparking a potentially devastating tit-for-tat escalation. History shows us there are no winners in trade wars. Watch this video I made last year.

Robert Reich

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19,418 次观看 • 5 天前 •via X (Twitter)

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The Canada-US trade war has now reached its hottest point with new 50% tariffs coming into place and Canada promising to match those dollar for dollar Canada says unfair & uneconomic last second American changes blew up the deal, the Trump administration says Canada would not finalize a trade deal under the terms agreed earlier this week #cdnpoli

The Canada-US trade war has now reached its hottest point with new 50% tariffs coming into place and Canada promising to match those dollar for dollar Canada says unfair & uneconomic last second American changes blew up the deal, the Trump administration says Canada would not finalize a trade deal under the terms agreed earlier this week #cdnpoli

Mackenzie Gray

15,878 次观看 • 8 天前

Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.

Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.

Mario Zelaya

20,297 次观看 • 4 天前

Canada tariffs just hit 50% on $20 billion in goods after trade talks collapsed. Canada sold America $48 billion more than they bought last year while charging up to 298% on our dairy. Now Carney wants a trade fight with Trump. Who has the leverage? We do!

Canada tariffs just hit 50% on $20 billion in goods after trade talks collapsed. Canada sold America $48 billion more than they bought last year while charging up to 298% on our dairy. Now Carney wants a trade fight with Trump. Who has the leverage? We do!

David Pollack

85,553 次观看 • 5 天前

Canada just hit back in the trade war with new retaliatory tariffs after U.S. put 50% tariffs on a large amount of Canadian goods. Kelly O’Grady breaks down why this may be a strategy for Canada and how it may impact consumers.

Canada just hit back in the trade war with new retaliatory tariffs after U.S. put 50% tariffs on a large amount of Canadian goods. Kelly O’Grady breaks down why this may be a strategy for Canada and how it may impact consumers.

CBS News

684,974 次观看 • 4 天前

Reid: "These tariffs in particular are egregious. It's as though there is no NAFTA, as though there is no CUSMA, as though there is no free trade agreement between Canada and the US ... this is unlawful, this is unjustified, it's also unsurprising. Donald Trump is in political trouble at home."

Reid: "These tariffs in particular are egregious. It's as though there is no NAFTA, as though there is no CUSMA, as though there is no free trade agreement between Canada and the US ... this is unlawful, this is unjustified, it's also unsurprising. Donald Trump is in political trouble at home."

Scott Robertson

46,102 次观看 • 1 个月前

🚨 BREAKING: 🇺🇸🇨🇦 PRESIDENT TRUMP JUST IMPOSED 50% TARIFFS ON CANADIAN IMPORTS THE NEW TARIFFS TARGET ALCOHOL, DAIRY PRODUCTS AND OTHER GOODS FROM CANADA THE LAST TIME TRUMP IMPOSED TARIFFS, THE STOCK MARKET CRASHED -15% THIS IS NOT GOOD FOR MARKETS...

🚨 BREAKING: 🇺🇸🇨🇦 PRESIDENT TRUMP JUST IMPOSED 50% TARIFFS ON CANADIAN IMPORTS THE NEW TARIFFS TARGET ALCOHOL, DAIRY PRODUCTS AND OTHER GOODS FROM CANADA THE LAST TIME TRUMP IMPOSED TARIFFS, THE STOCK MARKET CRASHED -15% THIS IS NOT GOOD FOR MARKETS...

ᴛʀᴀᴄᴇʀ

41,170 次观看 • 1 个月前

New US tariffs are in force against Canada, Mexico and China after President Donald Trump confirmed they would go ahead, saying there was “no room left” to make a deal.

New US tariffs are in force against Canada, Mexico and China after President Donald Trump confirmed they would go ahead, saying there was “no room left” to make a deal.

Al Jazeera English

22,832 次观看 • 1 年前

🚨 JUST IN: President Trump SCORCHES Canada and announces MASSIVE increases in tariffs "Canada will be treated like a State no longer!" "They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!" "On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS"

🚨 JUST IN: President Trump SCORCHES Canada and announces MASSIVE increases in tariffs "Canada will be treated like a State no longer!" "They feel entitled, and yet, WE DON’T NEED CANADA, THEY NEED US!" "On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Parts, and Steel, will be increased to 50%. Build in the U.S. and there are ZERO TARIFFS"

Nick Sortor

105,885 次观看 • 6 天前

Trump is asked "Last night, the Canada tariffs, one, are those a response to the wildfires in Canada? No, no, no. That's separate." Trump: "Canada has been very, very tough on us over the years, for many years, and no other president has done anything about it. I love Canada." "I love the people of Canada, many friends that live in Canada, but their leadership, from Trudeau to the current leadership, I mean, in all fairness to them, they need us to survive." "Without us, there's no way they can survive." Donald J. Trump

Trump is asked "Last night, the Canada tariffs, one, are those a response to the wildfires in Canada? No, no, no. That's separate." Trump: "Canada has been very, very tough on us over the years, for many years, and no other president has done anything about it. I love Canada." "I love the people of Canada, many friends that live in Canada, but their leadership, from Trudeau to the current leadership, I mean, in all fairness to them, they need us to survive." "Without us, there's no way they can survive." Donald J. Trump

cbcwatcher

74,870 次观看 • 1 个月前

Friendly reminder that there are no trade talks going on with the US Carney "The talks are not yet revived." "And the last time I had a conversation with President Trump was in Asia." Thank you for your attention to this matter Mark Carney

Friendly reminder that there are no trade talks going on with the US Carney "The talks are not yet revived." "And the last time I had a conversation with President Trump was in Asia." Thank you for your attention to this matter Mark Carney

cbcwatcher

15,891 次观看 • 9 个月前

#BREAKING: U.S. President Donald Trump has threatened to increase tariffs on all cars and trucks to 50 per cent next year following a collapse in trade talks with Canada. Live updates🔗

#BREAKING: U.S. President Donald Trump has threatened to increase tariffs on all cars and trucks to 50 per cent next year following a collapse in trade talks with Canada. Live updates🔗

CTV News

111,369 次观看 • 6 天前

China has raised their tariffs on US goods from 84% to 125% as President Trump has raised tariffs on China goods to 145%. Chinese leader Xi Jinping says, “There are no winners in a tariff war.” This is a lie, the US standing up for itself is already a win.

China has raised their tariffs on US goods from 84% to 125% as President Trump has raised tariffs on China goods to 145%. Chinese leader Xi Jinping says, “There are no winners in a tariff war.” This is a lie, the US standing up for itself is already a win.

Paul A. Szypula 🇺🇸

348,864 次观看 • 1 年前

🚨 JUST IN: Canada is FURIOUS after President Trump just slapped 50% tariffs because negotiations went past the deadline TRUMP: "I ONLY MAKE GOOD DEALS!" Mark Carney is now vowing retaliatory tariffs, playing "tough guy" even though we KNOW he will cave to 47 in the end 🔥 "Canada will match those tariffs dollar for dollar." Does Canada not realized they likely could not EXIST without America? Trump will win in the end, like he always does.

🚨 JUST IN: Canada is FURIOUS after President Trump just slapped 50% tariffs because negotiations went past the deadline TRUMP: "I ONLY MAKE GOOD DEALS!" Mark Carney is now vowing retaliatory tariffs, playing "tough guy" even though we KNOW he will cave to 47 in the end 🔥 "Canada will match those tariffs dollar for dollar." Does Canada not realized they likely could not EXIST without America? Trump will win in the end, like he always does.

Eric Daugherty

158,557 次观看 • 7 天前

President Trump says new 50% tariffs on select Canadian imports are a response to what he calls decades of unfair trade practices. The administration says Canada failed to remove retaliatory tariffs on U.S. goods despite repeated requests, with the new measures set to take effect on August 19. Watch OAN on OAN Live for updates.

President Trump says new 50% tariffs on select Canadian imports are a response to what he calls decades of unfair trade practices. The administration says Canada failed to remove retaliatory tariffs on U.S. goods despite repeated requests, with the new measures set to take effect on August 19. Watch OAN on OAN Live for updates.

One America News

25,420 次观看 • 1 个月前

#WATCH | Washington DC | US President Donald Trump says, "... Of the 7 wars I stopped, 4 were because I had tariffs and trade and I was able to say, 'If you go fight and want to kill everybody, that is okay, but I am going to charge you each 100% tariff when you trade with us'. They all gave up... we are taking trillions of dollars in tariffs and stopping wars due to tariffs... Other countries did it to us and now we are doing it to other countries." (Source: Unrestricted Pool Via Reuters)

#WATCH | Washington DC | US President Donald Trump says, "... Of the 7 wars I stopped, 4 were because I had tariffs and trade and I was able to say, 'If you go fight and want to kill everybody, that is okay, but I am going to charge you each 100% tariff when you trade with us'. They all gave up... we are taking trillions of dollars in tariffs and stopping wars due to tariffs... Other countries did it to us and now we are doing it to other countries." (Source: Unrestricted Pool Via Reuters)

ANI

78,099 次观看 • 1 年前