The U.S. import taxes will apply to hockey sticks, building materials, liquors and certain kinds of clothing. Carney said “Canada will match those tariffs dollar for dollar.”
Yeah, tariffs also hurt the importer. Hopefully they’re going to target industries that Canadians are less reliant on / can easily substitute with domestic or allied nations’ goods. The restrictions on US alcohol worked well for this.
There may also be some industries where, if you are reliant on America and you believe that’s a problem in the long-term, then cutting that reliance down may justify the harm of the tariff.
Yeah, tariffs also hurt the importer. Hopefully they’re going to target industries that Canadians are less reliant on / can easily substitute with domestic or allied nations’ goods. The restrictions on US alcohol worked well for this.
There may also be some industries where, if you are reliant on America and you believe that’s a problem in the long-term, then cutting that reliance down may justify the harm of the tariff.