Trade tensions between the U.S. and Canada are heating up again, and this time, washing machines and refrigerators are caught in the crossfire. 🧊🔥 The U.S. plans to slap new tariffs on steel household appliances starting June 23, sparking fierce backlash from Ottawa.
Trade Tensions Heat Up 🔥
Dominic LeBlanc, Canada’s Minister of Canada-U.S. Trade Affairs, didn’t hold back in a recent TV interview. He called the doubled steel and aluminum tariffs a lose-lose move, warning they’ll 'devastate' Canadian industries and harm the U.S. economy. 'These tariffs should never have been imposed,' he said, highlighting the 'tremendous uncertainty' for businesses and workers.
Canada’s Counterpunch 🤜
While Canada has rolled out countermeasures, LeBlanc admits they’re a double-edged sword, squeezing the economy at home. Still, he’s betting the U.S. will backtrack as its own policies backfire. The bigger issue? Trust. LeBlanc says Canada’s faith in the U.S. as a reliable trade partner has crumbled—a major shift in the world’s largest bilateral trading relationship.
What’s Next? 🤝💼
If talks stall, Canada may retaliate against the tariffs, targeting U.S. auto and metals sectors. LeBlanc stressed cooperation is possible—but only if Washington drops its 'economic self-harm' strategy. For now, it’s a high-stakes game of chicken, with dishwashers and refrigerators as unlikely symbols of a deepening trade rift.
Reference(s):
Canadian official: Tariffs hurt Canadian industry and U.S. economy
cgtn.com