Trump admin: Canada 'foolish' to believe it can win trade war with U.S.

· Toronto Sun

See more Toronto Sun on Google — save as a Preferred Source

The Trump administration was beating its chest on Sunday morning, suggesting Canada would be “foolish” to think it could win a trade war with the U.S., while predicting a “devastating impact on its northern neigbhour.

Visit tr-sport.click for more information.

Negotiations between the countries broke down late Friday , putting into play 50% U.S. tariffs impacting some $20 billion worth of Canadian goods, or 5.5 per cent of Canadian exports to the U.S.

In retaliation, Canada said it would match U.S. tariffs with new levies targeting the U.S. steel and dairy industries set to take effect on Sept. 8.

U.S. Transportation Secretary Sean Duffy said Canada would come out worse from battling with President Donald Trump in a trade war.

“We’re great trading partners, right? But Canada gets the benefit of trading with the U.S. way more than the U.S. gets the benefit of trading with Canada,” he told the Fox News Sunday talk show, per Agence France-Presse .

“To think that they’re going to go to war with Donald Trump and actually win that war with the U.S., I think it’s foolish on their part.”

Duffy predicted that Canadian Prime Minister Mark Carney would return to negotiations “very, very quickly, because it’s going to be devastating for his country.”

Carney on Saturday announced retaliatory tariffs on the U.S. after pulling away from a “bad deal” on trade as the rupture between the longtime allies deepened.

“You’re at war when you get attacked. We got attacked,” Carney said.

Trump hit back at Canada early Sunday, saying, “Canada wants the benefits of being a State, without being one!!!”

“They have also charged our great farmers, for many years, massive amounts of Tariffs. No more!!!” Trump added in a post on Truth Social.

RECOMMENDED VIDEO

Read full story at source