>U.S. President Donald Trump signed an executive order Thursday evening increasing tariffs on some Canadian goods, the White House said, after Ottawa and Washington failed to reach a trade agreement by the President’s Aug. 1 deadline.
>The order, which goes into effect at midnight, will raise the so-called “fentanyl tariff” that Mr. Trump imposed on Canadian goods in March to 35 per cent from 25 per cent.
>This tariff does not apply to exports that meet rules of origin outlined in the United States-Mexico-Canada free trade agreement, which has allowed most Canadian products to continue trading tariff free. The executive order signed on Thursday extended this crucial exemption.
>Mr. Trump has justified these tariffs – which differ from the industry-specific tariffs on steel, aluminum and autos – by saying they’re needed to force Canada to do more to address fentanyl trafficking. The White House reiterated these arguments Thursday.
>“Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States,” the White House said in a face sheet.
>“In response to Canada’s continued inaction and retaliation, President Trump has found it necessary to increase the tariff on Canada from 25% to 35% to effectively address the existing emergency.”
>Canada has maintained that Mr. Trump’s allegations about fentanyl trafficking are false, but Ottawa has increased spending on the border in recent months and appointed a “fentanyl czar” to combat drug smuggling.
>Earlier on Thursday, Mr. Trump gave Mexico a 90-day extension to continue negotiations before the higher “fentanyl tariff” rate kicks in.
>Canadian negotiators have been in Washington this week trying to secure some sort of deal. The Prime Minister’s chief of staff Marc-André Blanchard remains there with Intergovernmental Affairs Minister Dominic LeBlanc.
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Archived version: https://archive.ph/Ycbmt.
>U.S. President Donald Trump signed an executive order Thursday evening increasing tariffs on some Canadian goods, the White House said, after Ottawa and Washington failed to reach a trade agreement by the President’s Aug. 1 deadline.
>The order, which goes into effect at midnight, will raise the so-called “fentanyl tariff” that Mr. Trump imposed on Canadian goods in March to 35 per cent from 25 per cent.
>This tariff does not apply to exports that meet rules of origin outlined in the United States-Mexico-Canada free trade agreement, which has allowed most Canadian products to continue trading tariff free. The executive order signed on Thursday extended this crucial exemption.
>Mr. Trump has justified these tariffs – which differ from the industry-specific tariffs on steel, aluminum and autos – by saying they’re needed to force Canada to do more to address fentanyl trafficking. The White House reiterated these arguments Thursday.
>“Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States,” the White House said in a face sheet.
>“In response to Canada’s continued inaction and retaliation, President Trump has found it necessary to increase the tariff on Canada from 25% to 35% to effectively address the existing emergency.”
>Canada has maintained that Mr. Trump’s allegations about fentanyl trafficking are false, but Ottawa has increased spending on the border in recent months and appointed a “fentanyl czar” to combat drug smuggling.
>Earlier on Thursday, Mr. Trump gave Mexico a 90-day extension to continue negotiations before the higher “fentanyl tariff” rate kicks in.
>Canadian negotiators have been in Washington this week trying to secure some sort of deal. The Prime Minister’s chief of staff Marc-André Blanchard remains there with Intergovernmental Affairs Minister Dominic LeBlanc.
Further reading:
[‘Do not roll over,’: Ford urges Carney on U.S. trade deal](https://www.thestar.com/politics/provincial/do-not-roll-over-doug-ford-urges-mark-carney-as-donald-trumps-trade-deal-deadline/article_a6803ef7-9c50-4e87-805b-fa77db86a180.html) – The Star
[As Detroit 3 automakers report tariff blows, experts say a trade deal is the only solution | CBC News](https://www.cbc.ca/news/business/big-3-tariff-impact-1.7597859)
!ping Can
https://preview.redd.it/4sprp5kftagf1.png?width=734&format=png&auto=webp&s=a64c458859ef9f591675c0a15bf596876fc31084
What a bunch of dumb fucks. Do they want Canada to decrease fentanyl seizures?
https://preview.redd.it/085rjvcfuagf1.png?width=1080&format=png&auto=webp&s=f5c19d7f583f96ed030e0f9a041c864dfa1714b4
Europe folding has honestly validated his strategy and fucked everyone, hes never going to stop now.
https://preview.redd.it/x7ynueeyuagf1.jpeg?width=1158&format=pjpg&auto=webp&s=17edcb6881fbea99ab963dacfc5219f4ddefeb13