Trump’s Tariff Relief: China Gains, But What About Canada?


Source: fool.ca fool.ca

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The news about Trump Tariffs moved at warp speed over the weekend, with Donald Trump reversing his 145% tariff on Chinese electronics on Friday, then partially “re-reversing” the decision on Saturday, telling his followers to expect new tariffs in a month. He also clarified that Chinese electronics remained under a 20% “fentanyl tariff.” Despite the later reversal of Trump’s reversal, China scored a big win over the weekend, with tariffs on much of its U.S. exports being lowered from 145% to 20%. Sadly, it was a different story in Canada. Though our own tariff debacle has been eclipsed by China’s...