Tariff War: Canada To Sue US At WTO, EU Vows ‘Firm Response’ As Trump Warns of Levy “Pretty Soon”
US President Donald Trump on Feb. 2 said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Feb. 3. However, the US president added that he doesn’t “expect anything very dramatic” to happen during the talks. The remarks come a day after Trump ordered 25% tariffs on Canadian and Mexican imports. Trump has also hit China with a 10-percent tariff in addition to levies already in place. The US president argued that Americans may feel economic “pain” from the 25 percent duties but it will be “worth the price.” A fervent supporter of tariffs, Trump had always maintained that their impact would be borne by foreign exporters.The US president has cited “illegal” immigration and the trafficking of the deadly opioid fentanyl as reasons for the “emergency” measures. n18oc_world n18oc_crux0:00 INTRODUCTION2:32 TRUMP REASSERTS “51st STATE” PITCH TO CANADA 4:18 TARIFFS ON EU “PRETTY SOON”, BRITAIN OFF THE HOOK?5:56 BACKLASH AGAINST TRUMP’S TARIFF HIKE
