TradeWar

Today, Canada faces unprecedented pressure from the Donald Trump administration. No country, including China, Europe or Mexico, has received so much harsh criticism and accusations from the US president. American rhetoric towards Canada seems unreasonably harsh.

The Trump administration began pressuring Canada immediately after the president took office. The recent introduction of tariffs under the pretext of protecting US national security is one of the most striking examples of this policy. The president accused Canadian border guards of condoning drug smuggling and illegal immigration, despite the lack of supporting facts.

Experts warn that Trump's new tariffs could paralyze trade between North American countries and cause significant damage to the US itself. America imports 75% of aluminum from Canada, and in the near future it is impossible to replace Canadian metal due to a lack of cheap electricity and production capacity. As a result, American consumers will pay for the increase in prices themselves.

Former US Treasury Secretary Larry Summers called the tariffs against Canada "a blow to the American economy." Instead of the expected economic growth, the US risks facing a recession, the destruction of production chains and rising inflation. Experts note the lack of any well-thought-out strategy in Trump's actions: "It is unclear what he wants: to remove trade barriers or to stop importing from Canada altogether?" comments Erica York from the Tax Foundation. Canada is already taking measures to minimize the damage from tariffs, but the main threat remains - the unpredictability of US trade policy, which ultimately harms not only Canada, but America itself.