Trudeau decided to go ahead with retaliatory tariffs even though Trump’s order includes a mechanism to escalate the rates if Canada retaliates against the U.S.
Trump is still butt hurt about world leaders, especially Justin Trudeau, laughing at him and making fun of him behind his back. The tarrifs are a way to generate funds to pay for tax breaks for the rich. It will also allow American companies to raise prices, and profits, without the cheaper Canadian products and with less supply so more demand. It’s a bit of him being a bully, a bit of revenge, but mostly, like everything else he is doing, it’s about allowing the wealthy to loot the country bankrupt while burning the thing to the ground and enriching himself.
Trump is still butt hurt about world leaders, especially Justin Trudeau, laughing at him and making fun of him behind his back. The tarrifs are a way to generate funds to pay for tax breaks for the rich. It will also allow American companies to raise prices, and profits, without the cheaper Canadian products and with less supply so more demand. It’s a bit of him being a bully, a bit of revenge, but mostly, like everything else he is doing, it’s about allowing the wealthy to loot the country bankrupt while burning the thing to the ground and enriching himself.