Canada hits back on US tariffs; Mnuchin denies Trump wants to quit WTO
Canada struck back at the Trump administration on Friday over U.S. steel and aluminum tariffs, vowing to impose punitive measures on CUS$16.6 billion (US$12.63 billion) worth of American goods until Washington relents.
30 Jun 2018 05:30AM
Ricky Lim
Even if automakers opted not to pass along higher costs to consumers, "this could still lead to less investment, fewer jobs, and lower wages for our employees. The carry-on effect of less investment and a smaller workforce could delay breakthrough technologies," GM savid.
Canada trade tariff measures are designed to pressure Trump by focusing on goods from states where his Republican party is fighting to hold Congressional seats in the November miterm elections. They were announced just as America's largest automaker warned that overly broad tariffs could isolate U.S. businesses and cut jobs.
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Canada is now fighting back on Trump led US in trade tariff.
EU is fighting back on Trump led US in trade tariff.
China is fighting back on Trump led US in trade tariff.
Trump can really succeed in his trade war?
Trump may have triggered massive business loss and job loss in US and jobs in many Countries.
When this happen, his voters will turn around and get back at Trump.
Canada trade tariff measures are designed to pressure Trump by focusing on goods from states where his Republican party is fighting to hold Congressional seats in the November miterm elections. They were announced just as America's largest automaker warned that overly broad tariffs could isolate U.S. businesses and cut jobs.
---
Canada is now fighting back on Trump led US in trade tariff.
EU is fighting back on Trump led US in trade tariff.
China is fighting back on Trump led US in trade tariff.
Trump can really succeed in his trade war?
Trump may have triggered massive business loss and job loss in US and jobs in many Countries.
When this happen, his voters will turn around and get back at Trump.
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