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…

Weighing Trump’s Federal Gas Tax Holiday Proposal

President Trump’s proposal to suspend the federal gas tax comes at a politically obvious moment. Gas prices have surged amid the Iran war, the Strait of Hormuz remains under Iranian pressure, and ordinary Americans are getting clobbered at the pump. Trump floated the idea after prices rose past $4.50 per gallon, while the federal gas…