The Atlantic: Trump failing in trade conflict with Canada
Quick Look
- The Atlantic reports that US President Donald Trump is struggling in trade negotiations with Canada, as Ottawa rejects US terms and prepares retaliatory tariffs.
- The magazine highlights Canadian resilience and internal US economic challenges as key factors.
AI-generated summary
Why It Matters
The US and Canada are engaged in a trade conflict involving customs duties and suspended negotiations. The US has imposed 50-percent duties on specific Canadian goods.
WASHINGTON, August 23. /TASS/. US President Donald Trump is failing in the trade conflict with Canada as the threats and pressure directed at Ottawa have not proven effective, according to The Atlantic magazine.
It said that although Canada’s economy is significantly smaller than that of the United States, its government is more rational and can protect national interests during the trade conflict. Canadian Prime Minister Mark Carney is more popular than Trump, and the Canadians have united around their distrust of Washington. At the same time, the American public is facing a growing national debt, high interest rates, and an energy crisis.
As The Atlantic points out, Trump’s inability to accept the fact that in wars not only strength but also endurance plays a role led to his defeat in the war with Iran and is the main reason for his loss in trade conflicts.
Trade Representative Jamieson Greer previously said that the Canadian government had rejected what Washington considered to be a beneficial deal with the US, and the US 50-percent customs duties on some Canadian goods came into effect on Saturday. Carney, in a widely circulated statement, confirmed that he had suspended the trade negotiations with the US. He said that Ottawa would impose retaliatory tariffs to protect workers and businesses from September 8.
What to Watch
AI outlook — possibilities, not facts
Canada to impose retaliatory tariffs on September 8.
Very likely · Within weeks
Open Questions
- What specific goods are subject to the 50-percent duty?
- What will be the exact nature of Canada's retaliatory tariffs?
