Doubling down on his trade wars, Trump is threatening to raise taxes on many goods from Canada, hike his universal tariff on imports from around the world and punish Brazil for prosecuting his friend, the country’s former president.

On Saturday, Trump announced more tariffs still, this time on two of the United States’ biggest trade partners: the European Union and Mexico, at 30% each.

Former U.S. trade negotiator Wendy Cutler said that Trump’s recent moves “underscore the growing unpredictability, incoherence and assertiveness’’ of his trade policies. “It’s hard for trading partners to know where they stand with Trump on any given day and what more may be coming their way when least expected,’’ said Cutler, now vice president at the Asia Society Policy Institute.

  • KMAMURI@lemmy.world
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    6 hours ago

    As a Canadian I think we shouldn’t even be entertaining the thought of trade with the regime (yes I know how difficult that would be and realistically it’s not immediately possible. That doesn’t mean we shouldn’t be working toward it) Unfortunately we have a conservative banker in liberal colors as PM and that’s never going to happen.

    Edit: and the same type of brain rot citizenry raised on American exceptionalism who will argue that our PM has our best interests in mind. That they believe he’s smarter than the average bear and we couldn’t ever comprehend his tactics because we are just dumb pleebs.