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The truth about Trump's outrageous claims of Canada's trade deficits and high tariffs.
Trump continues his lies on tariffs and trade to convince the American people that Canada is bad and Trump is fighting for them. This article will help to understand the truth and be able to educate others.
https://www.cbc.ca/news/politics/trump-trade-war-disinformation-1.7489805
The reality is that over 97 per cent of U.S.-Canada trade in agricultural goods and over 99 per cent of trade in manufactured goods occurs under a zero-tariff rate, as Canada's Ambassador Kirsten Hillman now spends much of her time patiently explaining.
The numbers often cited by the White House are in fact penalty tariffs that are only incurred when trade in certain items exceeds a certain volume, and rarely or never charged in practice. Most trade between the U.S. and Canada is not subject to any limitations of volume, but a small number of products are. The attention is often on dairy, explained Al Mussell, research lead and founder of Agri-Food Economic Systems, Inc., but the quota list goes wider than that.
"You could talk about other supply-managed products [chicken, eggs] in Canada, you could talk about sugar and peanuts in the United States," he said.
The numbers often cited by the White House are in fact penalty tariffs that are only incurred when trade in certain items exceeds a certain volume, and rarely or never charged in practice. Most trade between the U.S. and Canada is not subject to any limitations of volume, but a small number of products are. The attention is often on dairy, explained Al Mussell, research lead and founder of Agri-Food Economic Systems, Inc., but the quota list goes wider than that.
"You could talk about other supply-managed products [chicken, eggs] in Canada, you could talk about sugar and peanuts in the United States," he said.
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