59595| O akville B eaver | T hursday,A ugust 23,2018 insidehalton.com What you need to know about the North American trade war Stock up on non-perishables and hunker down. � e Great North American Trade War is upon us. For the � rst time in a generation, goods and services accustomed to moving freely between Canada and the United States are being constricted by protectionism. � e U.S. has imposed tari� s on Canada. Canada has responded in kind. But while there's been plenty of chatter and analysis about this, the novelty of open animosity across the world's longest unguarded border can cloud the basic details of what's going on. So here it is: Everything you've want- ed to know about the Canada-U.S. trade war but were afraid to ask. Okay. Bring me up to speed. Here's the deal. Earlier this year, the United States slapped tari� s on steel and aluminum imports from many countries around the world. Canada was given a pass for a couple months, but at the end of May, the U.S. decided to hit Ca- nadian steel and aluminum with those tari� s. Now there is a 25 per cent tari� on steel and a 10 per cent tari� on aluminum that enters the U.S. from Canadian producers. Much like the rest of America's trading part- ners, Canada wasn't too happy about this. Prime Minister Justin Trudeau took to the microphone the day a� er the tari� s were imposed and called the situation a "turning point in the Canada-U.S. relationship." He announced Canada's intention to respond with tari� s of its own -- not only on U.S. steel and aluminum, but a grab bag of products that ultimately included American-made maple syrup, orange juice, ketchup, in� atable boats, dishwashers, whiskies, hair lacquers, candles, insecticides, fungicides, herbicides, straw- berry jam, pizza and quiche, soya sauce, gherkins and more. It's a long list. (Go to the Government of Can- ada, Department of Finance website and search "counter- measures" www.� n.gc.ca .) By July 1, Canada and the U.S. had imposed billions of dollars in tari� s on each other's goods. As Can- ada's Foreign Minister Chrystia Freeland put it: "We will not escalate -- and we will not back down." - Toronto Star Ottawa Bureau By Alex Ballingall Make Room for Family Adventures. Buy and Sell Locally. or foom RekMa es.ruentvdy AlimaF .yllaoc Llle Snd aBuy Chat Call orText CampingTentTentT Posted by MikeToolGuy $70 Buy and sell in your neighbourhood. Visit www.Tradyo.com Nest Wealth Traditional and hard to understand investment fees could be costing you up to 30% of your potential wealth.* Visit nestwealth.com © Copyright 2016 Nest Wealth Asset Management Inc. "Nest Wealth" is the trade name of Nest Wealth Asset Management Inc. The products and services advertised are designed specifically for investors in provinces where Nest Wealth is registered as a portfolio manager and may not be available to all investors. Products and services are only offered in accordance with applicable laws and regulations. This advertisement is neither an offer to sell nor a solicitation of an offer to sell securities in any jurisdiction. *Canadian Centre for Policy Alternatives, The High Cost of Canada's Mutual Fund Based Retirement System, March, 2015 Join Canada's first subscription based investing service Learn why Canadian are changing the way they invest their money. ment our