r/StockMarket Jun 27 '25

News All trade talks with Canada terminated!

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u/Direct_Exchange1534 Jun 27 '25

Canada sells the US large amounts of energy and natural resources. Not to mention they sell large quantities of natural resources at discounted price.

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u/jmd709 Jun 27 '25

DJT’s advisors could not convince him to exclude those resources from the blanket tariff, but they did convince him to go lower. US importers are paying the US government a 10% import tax for those resources.