Also in today’s edition: The call for EI reform and big-ticket items to buy now
Good morning. The gloves are off on the Canada-U.S. trade war – more on that below, plus how tariffs will hit consumers and the growing tension at the border. But first:Over the past month, Justin Trudeau has twice been compelled to step before cameras and lay out the costs of a potential trade war. Back in early February – just before U.S. President Donald Trump granted his 30-day tariff reprieve – the Prime Minister beganwith an audible sigh, then opted for a sorrowful appeal.
After outlining his two-stage plan for 25-per-cent countertariffs on $155-billion of U.S. goods, Trudeau spoke directly to Americans: “We don’t want to see you hurt. But your government has chosen to do this to you.” Markets were down, he noted. (The benchmark S&P 500. Little wonder, Trudeau said – now addressing “Donald” specifically – that The Wall Street Journal concluded that launching this trade war “is a very dumb thing to do.
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