Economists predict that both Canada and the United States will face lower employment, declining productivity, and increasing inflation in the wake of U.S. President Donald Trump’s imposition of...
Tariffs or any kind of tax means the individual consumer is going to have to pay more than before or do without. This also allows business, current and future, to do well. Overall a world void of this kind of protectionism is better for us all. The problem is that some jurisdictions have decided to favour (protect) some industries to the detriment of society such as, oh, the dairy industry and the egg industry. So Canada should not be calling the kettle black.
Tariffs or any kind of tax means the individual consumer is going to have to pay more than before or do without. This also allows business, current and future, to do well. Overall a world void of this kind of protectionism is better for us all. The problem is that some jurisdictions have decided to favour (protect) some industries to the detriment of society such as, oh, the dairy industry and the egg industry. So Canada should not be calling the kettle black.