Trump Says Reciprocal Tariffs Coming for Canadian Lumber and Dairy

5Mind. The Meme Platform
The Epoch Times Header

“And we may do it as early as today, or we’ll wait till Monday or Tuesday,” Trump said.

President Donald Trump says he will place reciprocal tariffs on Canadian lumber and dairy products as early as March 7, to match the duties Canada charges for shipping the products to the United States.

“Canada has been ripping us off for years on tariffs for lumber and for dairy products,” Trump said from the Oval Office on March 7.

“They’ll be met with the exact same tariff unless they drop it, and that’s what reciprocal means,” he added.

“And we may do it as early as today, or we’ll wait till Monday or Tuesday.”

Trump said Canada had been treating American farmers “very unfairly” by imposing high tariffs on dairy products of up to 250 percent, and that Canadian trade representatives had been “very difficult to deal with.”

Canada has a supply management system that coordinates production and demand relating to dairy, chicken, eggs, and turkey products while controlling imports as a way of setting stable prices for farmers and consumers.

The U.S. president also said his administration is changing environmental standards to allow for more lumber production so the country does not “need” Canadian lumber. The U.S. Lumber Association has accused Canada of benefitting from unfair trade practices, which it said is leading to the closures of U.S. lumber mills.

“They make it impossible for us to sell lumber or dairy products into Canada. But our numbers are a tiny fraction of that, almost nonexistent,” Trump said.

Trump had initially vowed to impose reciprocal tariffs on countries on April 2, and has vowed to put 25 percent tariffs on all imports of steel and aluminum on March 12.

The Liberal government said on Feb. 6 that it would not make concessions concerning the country’s supply management system, with International Trade Minister Mary Ng saying the system is “really important to the Canadian economy.” She added that the issue had been negotiated as part of the United States-Mexico-Canada Agreement (USMCA) during Trump’s first term as president. During the negotiations of the agreement in Trump’s first presidency, Canada made some concessions to its supply management, allowing the United States more access to the Canadian market.

By Matthew Horwood

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

When the Kurds Go Marching In (to Iran)

Returning to the current situation in Iran, who or what is positioned to replace the Mullahs in the event the current regime falls?

The Man I Had to Teach Myself to Become: What Happens When Boys Grow Up Without Fathers

Many young men today grew up without a man in their life to show them how to become one.

The Clintons Need Prosecutions, Not Hearings!

Americans are tired of Congressional hearings that produce no criminal prosecutions.
00:07:48

Mr. Monsanto Goes to Washington: The Casey Means Confirmation Hearing

The recent Senate Health Committee hearing for Surgeon General nominee Casey Means went as predicted.

The Planned “NATO Bank” Is Expected To Finance Europe’s Impending Arms Race With Russia

RT drew attention in late January to a report by Izvestia about the West’s alleged plans to launch a “Defense, Security, and Resilience Bank” (DSRB) by 2027.

Daylight Saving Begins on Sunday—What to Know About Efforts to Lock the Clock

Daylight saving time will begin on Sunday, causing clocks to skip forward an hour at 2:00 a.m. for most people living in the United States.

Coming to a School District Near You: ‘Portrait of a Graduate’

Advocates say academic achievement alone won’t prepare young people to keep up with the changing society and technology.

Former Members of Alleged Texas Antifa Cell Shed Light on Ideology During Trial

North Texas Antifa members testified in a domestic terrorism case that social justice and anti-government ideology influenced their involvement with the group.

Justice Department Sues for Ownership of $15 Million Seized From Iranian Oil Tycoon

DOJ filed two federal lawsuits seeking forfeiture of $15.3M allegedly used to finance the illicit distribution of sanctioned Iranian oil.

US Customs Expects Tariff Refund System to Go Online in 45 Days

U.S. customs officials say they’re building a system to issue tariff refunds, and they hope it will go online within 45 days.

Trump Says US Defense Contractors to Quadruple Munitions Production ‘As Rapidly as Possible’

Trump met with executives of largest defense contractors and they agreed to quadruple production of “exquisite weaponry … as rapidly as possible.”

What to Know About Markwayne Mullin, Trump’s Pick to Replace Noem as DHS Head

Sen. Markwayne Mullin has been tapped to head up the DHS after President Donald Trump on Thursday fired DHS Secretary Kristi Noem from the post.

Trump Meets Germany’s Merz at White House, Says Berlin Aligned With US on Iran

German Chancellor Merz met with President Trump at the White House, with the Trump saying Berlin is aligned with Washington on the Iran War.
spot_img

Related Articles

Popular Categories

MAGA Business Central