Trump’s Erratic Dairy Tariffs: Canada Unfazed
President Trump’s trade policy regarding Canada continues to shift dramatically. After temporarily suspending tariffs on numerous goods, he threatened new tariffs on Canadian lumber and dairy products, mirroring Canada’s high tariffs on US exports. This action, driven by claims of unfair treatment of American farmers, introduces further uncertainty into the economy. While the US possesses significant timber resources, experts warn that new lumber tariffs could negatively impact housing affordability. These fluctuating trade policies are creating volatility in the market and concerns about economic stability.
John Q. Hosedrinker