Saturday, May 6, 2017

TRADE WAR!

Welcome, to Trump World where government leaders try to outmatch each other in screwing their citizens with tariffs and other trade barriers.

The premier of Canada's British Columbia province,  Christy Clark, wants to ban imports of U.S. thermal coal, and Canadian Prime Minister Justin Trudeau is "carefully and seriously" considering the idea as part of a retaliation for the U.S. tariff on Canadian lumber, reports Axios.

British Columbia says 94 percent of the 6.6 million metric tons of thermal coal exported to Asia from the West Coast province last year originally came from the U.S., according to Bloomberg.

Trudeau is also considering other trade actions against the U.S. including duties on Oregon companies, according to various news reports.

 -RW 

1 comment:

  1. "British Columbia says 94 percent of the 6.6 million metric tons of thermal coal exported to Asia from the West Coast province last year originally came from the U.S., according to Bloomberg."
    Why aren't we selling it to Asia directly?

    ReplyDelete