The U.S.-Canada Tariff Dispute and Its Economic Stakes

For two countries that share the world’s longest international border, the United States and Canada are doing a remarkable impression of neighbors arguing over whose tree dropped leaves into whose yard. Unfortunately, this disagreement involves 50 percent tariffs, billions of dollars in trade, and enough economic collateral damage to make an ordinary property-line dispute look…

Trump’s New Canada Tariffs and the Debate Over Fair Trade

The latest chapter in the increasingly tense U.S.-Canada relationship involves trade barriers, dairy quotas, provincial liquor bans, automobile policy, and, hovering strangely in the background, wildfire smoke. President Trump has signed three proclamations imposing additional 50 percent tariffs on a range of Canadian imports beginning August 19. The duties will affect nearly $20 billion in…

Trump’s Tariffs: A Bold Move for America or the Start of a Costly Trade War?

On February 1, 2025, President Trump announced significant new tariffs: a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. The administration justifies these tariffs as necessary to curb illegal immigration, combat the influx of fentanyl, and strengthen domestic industries. This decision has sent shockwaves through international markets,…