Tariffs, Trust, and the Long Game The 50% tariffs on $28 billion worth of Canadian goods imposed by the US administration have taken effect.
Prime Minister Mark Carney's decision to walk away from negotiations and retaliate with his own tariffs has sparked controversy among some premiers.
However, it's a necessary move in light of an unpredictable and unreliable US trade partner. The Smoot Hawley Tariff Act of 1930 is a cautionary tale.