Trump’s trade war is getting off to a humiliating start.

 

Jeffrey St. Clair >>

 

Trump’s trade war is getting off to a humiliating start. Humiliating for him, as both Justin Trudeau and Claudia Sheinbaum swatted down his 20 percent tariffs with few concessions they hadn’t already made months ago.

 

+ Trump: “We had a good talk with Trudeau. But we are treated unfairly. We don’t need anything they’ve got. We don’t need Canadian cars, lumber, agriculture.”

 

+ The US imports around 4 million barrels of oil from Canada…per day.

 

+ In hitting the pause button on his tariffs against Canada, Trump brayed that Trudeau had capitulated to his demands for increased border security. But that was actually a plan that had been announced in December and was negotiated under the Biden administration.

 

+ Now, Trump is considering hitting the EU with 10% tariffs on imported goods, which seems to have excited few people, except Vladimir Putin, who predicted (facetiously or not; it’s always hard to tell with him) that the Europeans “will all stand at the feet of the master and will wag their tails a little. Everything will fall into place.”