‘No room left for Mexico or Canada’ to make a deal, Trump says
U.S. President Donald Trump says his long-threatened trade war is going ahead with tariffs on Canadian goods set to take effect just after midnight and there’s nothing Canada can do to stop them.
Speaking to reporters at the White House, Trump said the United States has been “a laughingstock for years and years” and he needs to take trade action against its continental neighbours.
He said Canada has allowed fentanyl to flood into the U.S. despite data that shows the claim is false.
“Very importantly, tomorrow, tariffs, 25 per cent on Canada and 25 per cent on Mexico, and that will start. So, they’re gonna have to have a tariff,” Trump said.
One beneficial side effect of the informal US products boycott in grocery stores is that many stores have already started trying to source other products. It’s tough to change on short notice, and businesses often aren’t very…future focused. The boycott has already started to push grocery stores in my area. There were Moroccan oranges advertised for sale last week. That means there’s already a Moroccan exporter/importer already set up to clear customs, who is probably already increasing capacity.
The other thing to consider is where in the production chain the tariff is applied. Canada is unlikely to tariff the inputs into Canadian producers, just finished products with Canadian or friendly alternatives.
Our oranges were form Egypt this week.