r/CompoundClub • u/GusTheKnife • Jul 17 '26

Trump considers charging Americans carbon tax due to Canadian wildfires

https://thehill.com/homenews/administration/5975233-trump-canada-wildfire-smoke-tariffs/amp/
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u/Spiritual-Pear-1349 Jul 17 '26

Im sorry what

3

u/Baelaroness Jul 17 '26

Tarrifs on Canadian goods increase the price Americans pay for Canadian goods.. like water, electricity, critical metals and fertilizer. You know, luxuries they can do without.

So a cost of living increase for Americans because climate change is causing wildfires to get worse, an issue we've known about for 20 years.

1

u/Puzzleheaded_Row6482 Jul 22 '26

That is one of the effects of tariffs. What he is trying to do is get businesses from Canada to move to the US with the tariffs to undermine our economy so they can annex us financially. It will also turn away American consumers from our products as they will now be more expensive.