THE TARIFF WAR WILL COST LOW INCOME CITIZENS THEIR QUALITY OF LIFE. MANY PRODUCTS WE USE ARE FROM THE US. MADE IN CANADA PRODUCTS CAN BE AFFECTED IF RAW MATERIALS ARE SUBJECT TO IMPORT TAXES.

THE IMPOSITION OF 25 % TARIFFS ON TOP OF THE $1.43 EACH US DOLLAR COSTS IN CANADIAN DOLLARS WILL MAKE EVERY US DOLLAR COST $1.78 CAD.

 

         FOR CANADIANS THIS IS MONEY DOWN THE DRAIN.

THE IMPOSITION OF US TARIFFS WILL DIMINISH OR CRIPPLE SOME CANADIAN INDUSTRIES. THE IMPOSITION OF COUNTERVAILING TARIFFS ON IMPORTS TO CANADA WILL BE AN ADDITIONAL BURDEN WE THE CITIZENS WILL BEAR.

THE EXTRA CANADIAN MONEY REQUIRED TO PURCHASE AN AMERICAN DOLLAR IS NOT 30% MORE. IT IS 100 DIVIDED BY 70 WHICH IS 1.43284.IT COSTS CAD $I.43 TO PURCHASE $1.

EVERY UNITED STATES DOLLAR COSTS CANADIANS AN EXTRA FORTY THREE CENTS.

THE EXCHANGE RATE IS THIRTY PERCENT. 

THE EXCHANGE COST IS 43%. 

$1. USD COSTS US $1.43 CAD.

IF CANADA RETALIATED AGAINST THE UNITED STATES' 25% IMPORT TAX WITH CANADIAN 25% IMPORT TAXES:     $1 USD WOULD COST $1.78 CAD.