The Art of the Deal

Weatherman2020

Diamond Member
Mar 3, 2013
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Right coast, classified
Canada was about to start a victory lap at having trade tariffs removed by Trump when suddenly someone asked a question.

The agreement is what trade watchers call a “snap back” deal. Yes, the tariffs were removed. But the U.S. reserved the right to slap them back on — specifically, “in the event that imports of aluminum or steel products surge meaningfully beyond historic volumes of trade over a period of time.”

Foreign Affairs Minister Freeland has been asked to define a “surge” and couldn’t. Her spokesperson said later that Canada’s hope was that this part of the agreement would never be used.

https://www.cbc.ca/news/politics/steel-tariffs-questions-1.5147128v
 

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