I have a bunch of questions.
1. Where have Mexico and Canada violated USMCA? If they have, there should be mechanism within the treaty to fix blame and mandate solutions. If no such provisions were in the treaty, why was it passed and signed?
2. How is a sales tax a trade barrier? Do the Canadians apply it only to US products?
3. Why is Canada even brought into the fentanyl discussion? It represents less than a rounding error in the scope of the problem. Last year over 21,000 pounds were seized at the Mexican border. Less than 50 pounds were seized coming from Canada, and the Canadians seized as similar amount crossing into their borders from the US.
4. Last and most importantly, why is Lutnick diluting the whole rationale of exacting tariffs by bringing in fentanyl as a bargaining chip? If the overarching problem is unfair competition, easing tariffs because Mexico or Canada announces heightened border security does zero to alleviate the problem.
Not sure why, but I get really bad vibes from Lutnik. He reminds me of a used car salesman. Does not radiate trust at all.
I'm betting that Canada does, too.
Precisely. Canada is not in violation of NAFTA nor a drug or illegals problem. There are no grounds for punitive tariffs whatsoever. Tariffs ingeneral and especially on a good friend are bad juju.