President Trump has announced tariffs of 25% on all imports from Canada, except for oil, where the tariff is only 10%. Some of President Trump’s musings also include the idea of an economic war which will lead to Canada begging to join the US as the “51st State”.
Canadian politicians have responded by counter tariffs, exposing their lack of imagination. In such a trade war, Canada cannot win.
An alternative approach would be to build Canada’s domestic economy. Continue reading “How Canada Can Win the Economic War With The US”