Trump’s “bulldozer” tactic against Canada didn’t work

Trump’s “bulldozer” approach to reshaping the country’s trade relations again failed. The United States and Canada were unable to agree on a trade deal, writes The Washington Post. Ottawa did not make concessions to Washington, but simply… walked out of the talks.

As a result, the United States imposed 50% tariffs on a wide range of goods against Canada, including hockey sticks and Crown Royal whiskey. The country’s prime minister has already said that this stunt will not go unanswered.

“Failed talks bring a sudden spike in costs down on businesses on both sides of the border. It will hit American small businesses especially hard, as they will face a cash shortage, since the tariffs must be paid before customers pay their invoices in 30 or 60 days,” — the author of the article notes.

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