OTTAWA — With only days before the first round of tariffs take effect, Canada’s allies in Washington, D.C. are pushing for U.S. President Donald Trump to permanently rescind the measures, arguing a trade war would cause economic harm on both sides of the border. US Congressman Tim Kennedy, a Democrat in the Buffalo-Niagara region, said he and dozens of other representatives are fighting to get Trump to reverse his decision to impose tariffs on their northern neighbour. …Democratic Senators Chris Coons and Tim Kaine introduced the Stopping Tariffs on Allies and Bolstering Legislative Exercise of Trade Policy Act, which would reclaim congressional authority over trade policy. “Congress gave the president the authority to impose tariffs so that he could combat our enemies in the event of a national security crisis, not so that he could pursue grudges against our allies and neighbours,” said Coons.
Related Coverage in:
- CNN Business: Trump’s latest tariff threat could make your life more expensive
- Reuters: Canada, Mexico to step up fentanyl, border talks to avoid tariffs
- Peterson Institute: Why higher tariffs won’t shrink the trade deficit
- JD Supra: Ripple Effects of Tariff Hikes