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Wiped out: US faces surging toilet paper prices amid trade war with Canada

Confirmed

Business Desk

File:Toilet paper advertising.jpg
Photo: Ikusuki / Wikimedia Commons (CC BY 2.0)

Procter & Gamble, the owner of Charmin toilet paper, said last year that it would have to increase prices amid tariffs that were in place at the time. On Monday, Ford said that Canada should consider harsher measures and warned that Ontario could cut off electricity to the United States; Ontario supplies electricity for Michigan, Minnesota, and New York.

Get set for the working day – we'll point you to all the business news and analysis you need every morning Trump also said that his new tariffs are in retaliation for Canadian levies against the American dairy industry.

“Ultimately, the terms proposed by the U.S. administration were uneconomic, unfair, and ultimately unacceptable,” Canadian Finance Minister François-Philippe Champagne said on Tuesday, referring to last week’s talks. “He’s the type of guy in school that would take your lunch money one day, take your toque off your head the next day, and then steal your running shoes,” Ford said.

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