Canada First: Democrats Aim The Opening Shot Of Their Tariff Rollback At Trump's Smoot-Hawley Levies... But Veto Math Says Good Luck

详细摘要

Canada First: Democrats Aim The Opening Shot Of Their Tariff Rollback At Trump's Smoot-Hawley Levies... But Veto Math Says Good Luck Three days after a blue tsunami swept both…

Three days after a blue tsunami swept both chambers, Democrats have picked their first trade fight, and it's the one they have already won three times.

According to the WSJ, Democrats are eyeing President Trump's trade war with Canada as the first target in a campaign to roll back the administration's tariff agenda, according to Senate Finance's top Democrat (and soon its chairman), Oregon's Ron Wyden.

Overwhelming, maybe. Veto-proof? Not even close, and as we show below, the timing is even worse: the next (and biggest) round of Canada tariffs takes effect on January 1, two days before the new Congress is sworn in.

The logic of going after Canada first is simple: it's the tariff fight where Republicans have most reliably crossed the aisle. Wyden's camp told the WSJ that the Canada levies are the best opportunity to flip Republicans against Trump and possibly build enough support to avert a…

文章开头，摘自ZeroHedge。如需阅读全文，请前往媒体网站。