Donald Trump is committing economic suicide by imposing 25 percent tariffs on our two neighbors, Canada and Mexico.
It is guaranteed to backfire, and cause a major inflationary spiral, and shortages of all kinds of good, with corporations passing on the cost increases to American consumers.
It is tragic that America is geting involved in a trade war with our neighbor to the North, who has been the best possible ally in peace and wartime, with our border being stable for two centuries.
It is also tragic that we have a President ready to take military action against Mexico or other nations in Latin America, to impose his will not only on trade, but also his desire to retake control of the Panama Canal, breaking the international treaty under President Jimmy Carter that was ratified by a bipartisan group of Senators in 1978.
We are in a major constitutional crisis, as Donald Trump is a “clear and present danger” to international cooperation and peaceful diplomacy.
When will Congress reasert itself, and stop the mad dash of Donald Trump to create international chaos with democratic nations, while cozying up to authoritarian leaders in nations that wish America harm?
Canadian Finance Minister Dominic LeBlanc on Sunday unveiled the full list of items covered by tariffs on $30 billion worth of US goods, the first phase of Canada’s response to US tariffs.
The items include American produce, alcohol, apparel, household appliances, tools, firearms and more.
Canada’s tariffs come in retaliation after US President Donald Trump on Saturday announced sweeping levies on Canada, Mexico and China.
Items on the tariff list include:
Fruits and vegetables
Dairy products such as yogurt, milk and cheese
Coffee and tea
Clothing including gloves, scarves, footwear and suits
Alcohol such as wine, vermouth and beer
Toilet paper
Various household items, such as utensils, refrigerators and water heaters
Full list here: https://www.canada.ca/en/department-finance/news/2025/02/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-february-4-2025.html
Mexico to unveil details for retaliatory tariffs on US goods Monday.