Canada hits back with 25% tariffs

[kelly1mm]

53. Where are your cites? Here are mine:

"There are currently more than 30 power transmission linkages between the United States and Canada. During 2014, 60 companies in Canada exported 58.4 terawatthours (TWh) of electricity into the United States, making up 1.6% of U.S. electricity retail sales and 10% of Canadian electricity generation. The largest exporters were Hydro-Québec (16.4 TWh) and the Manitoba Hydro-Electric Board (8.6 TWh)."

https://www.eia.gov/todayinenergy/detail.php?id=21992

That's the US Government Energy Information Administration link. While this specific info is out of date I cannot find any updated data that says it is more but would be open to additional cites.

I assume you concede the oil issue as you did not respond to that.

I already stated lumber is an issue. However as I stated before, lumber is currently 60% LOWER than it was just 4 years ago. While a 7.5% increase is not ideal for the US economy, it is not a doomsday scenario.

The bottom line is that I believe ALL tariffs are a tax on the consumer. Be that initial tariffs or retaliatory tariffs. Each should be condemned. Apparently that is an issue for some here.

I also think that is a trade war with the US that Canada and Mexico are in much weaker positions than the US. Not excusing the tariffs of President Trump, just reality.