Loading ...Tariffs atop tariffs? White House says levies on Canada would be cumulative
If the U.S. were to proceed with all the tariffs it’s threatening next month, there’s no way they’d all be compounded atop each other into one astronomical total, right? Wrong, says the Trump administration.
The White House said Tuesday that should all its trade actions take effect in March, it would indeed pile tariff on top of tariff, to reach the larger number of 50 per cent on some items.
It seems Trump is not kidding about annexing Canada. I’m already working on my southern drawl.