As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
Canada on Sunday imposed retaliatory tariffs on $12.5 billion worth of U.S. exports, the latest in a series of escalating trade conflicts between the Trump administration and top U.S. allies.
The new duties come after the Trump administration ended Canada’s exemption from the U.S. tariffs on steel and aluminum imports. The European Union recently imposed its own retaliatory tariffs, targeting specific products like bourbon to put political pressure on GOP leaders. Kentucky, represented in the Senate by Majority Leader Mitch McConnell, the top producer of bourbon.
The article goes on to state the following:
Along with new steel and aluminum tariffs, President Trump has threatened to impose as much as $500 billion in new tariffs on China and is considering a 25 percent tariff on automotive imports.
To weigh in on this information provided by WASHINGTONEXAMINER.COM, engage in our LIVE CHAT below. Scroll down.
For more on this story, click the "read more" button below.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.