Charlebois: Why Trump’s food tariff reversal is quietly great for Canada
Charlebois: Trump’s U-turn on food tariffs is a gift Canada didn’t ask for but will happily take.
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By: Sylvain Charlebois
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After months of insisting that tariffs had nothing to do with rising grocery prices, U.S. President Donald Trump abruptly reversed course this week, rolling back duties on more than 200 food-related products.
The list is broad: beef, coffee, cocoa, spices, bananas, orange juice, tomatoes, tea, and even certain fertilizers. Officially, the move is being presented as a consequence of new “reciprocal trade agreements,” but the real motivation is more straightforward. American consumers have been feeling the pain of high food prices, and the White House could no longer ignore the political consequences.
What’s remarkable is how much this decision benefits Canada.
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