- i agree with kevin there should have been no tariffs in either direction but dairy we cant have americans flooding canadian markets to protect farmers.
Grok
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Origin of Conflict (February 2025): U.S. President Donald Trump signed orders imposing 25% tariffs on most Canadian goods entering the U.S., with a 10% tariff on Canadian energy resources, citing concerns over fentanyl smuggling, illegal immigration, and trade imbalances.
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Canadian Response: Canada, under Prime Minister Justin Trudeau, retaliated with 25% tariffs on $30 billion of U.S. goods, with plans to expand to $155 billion after three weeks, targeting products like apparel, appliances, and agricultural goods.
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Negotiation and Delay: On February 3, 2025, after talks between Trump and Trudeau, both sides agreed to a one-month delay, pushing the tariff implementation to March 4, 2025.
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Tariff Implementation (March 4, 2025): U.S. imposed 25% tariffs on Canadian goods (10% on energy), and Canada enacted its retaliatory tariffs simultaneously, escalating the trade dispute.
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Key Issues Raised:
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U.S. concerns included Canadian restrictions on U.S. banks’ personal banking operations, dairy sector protections, and consumption taxes making U.S. goods more expensive.
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Trump also questioned Canada’s contributions to NORAD and raised issues about shared water treaties.
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Canadian Countermeasures:
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Canada appointed a “fentanyl czar,” allocated $200 million to combat organized crime, and invested $1.3 billion in border security to address U.S. concerns.
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Exempted automakers manufacturing in Canada from retaliatory tariffs and introduced the Large Enterprise Tariff Loan Facility to support businesses.
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Escalation and De-escalation:
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Ontario briefly threatened a 25% surcharge on electricity exports to the U.S., prompting Trump to threaten doubling steel and aluminum tariffs to 50%; both sides later backed off.
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On March 6, Trump paused tariffs on CUSMA-compliant Canadian goods (covering 38% of imports) and reduced potash tariffs to 10%.
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Economic Impacts:
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Tariffs increased costs for consumers in both countries, particularly for groceries, gas, and automobiles, with U.S. households facing an estimated $1,200 tax increase in 2025.
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Canada’s central bank warned of a weaker Canadian dollar, disrupted supply chains, and inflation; U.S. markets saw sell-offs, with the S&P 500 dropping significantly in March.
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Additional Developments:
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Canada initiated a WTO dispute complaint on March 4, 2025, claiming U.S. tariffs violated trade agreements.
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On April 15, Canada introduced relief measures, including tariff exemptions for goods used in manufacturing and a performance-based remission for automakers.
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Current Status (June 2025):
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Tensions persist, with Trump recently terminating trade discussions, citing Canada’s high dairy tariffs (up to 400%) and tech company taxation.
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Canada’s new Prime Minister Mark Carney, elected in April, has emphasized defending Canada’s economy while seeking dialogue, meeting Trump in Washington on May 6.
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