The Tariff Tango: A Dance of Reciprocity and Retaliation The latest development in the trade saga between the United States and Canada is a stark reminder that tit for tat can be a deadly game.
President Donald Trump's decision to impose an additional 50% tariff on certain Canadian goods has set off alarm bells, not just in Ottawa, but also among economists who see this move as yet another attempt by the White House to strong arm its neighbors into submission.
The administration's justification for these tariffs – that Canada is engaging in "discriminatory treatment" of American products – seems like a classic case of blaming the victim.