

7·
1 month agoHigher import taxes (tariffs) on Canadian goods for Americans will increase the price, presumably reducing the amount of these goods that Americans will buy which hurts the Canadian producers. The only thing Canada can really do is hurt American producers in the same way, hence increase tariffs to reduce Canadian consumption of American goods and hurt American producers just as much (or preferably more). Hurting each other is a loss-loss strategy though, which explains why trade wars typically do not have winners only losers…
Hmmm, my country is “white”, I thought it had recognized Palestine years ago. Guess it’s time to do some research and possibly consider another parameter in the next elections…