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Articles on Tariffs

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Bush, seen here in 2006, revoked his steel tariffs less than two years after imposing them in 2002. Reuters/Jason Reed

George W. Bush tried steel tariffs. It didn’t work

President Trump slapped steep tariffs on steel imports, echoing protectionist measures taken by Bush in 2002.
A welder fabricates a steel structure at an iron works facility in Ottawa on March 5, 2018. U.S.President Donald Trump’s stated intention to impose new tariffs on steel and aluminum imports could start a trade war. THE CANADIAN PRESS/Sean Kilpatrick

Canada can’t win a trade war with the United States

Ottawa seems utterly unprepared for a trade war with the United States. The recent federal budget upholding equity values is noble, but won’t mean a thing if the government runs out of cash.
Canadian Foreign Affairs Minister Chrystia Freeland with U.S. Trade Representative Robert Lighthizer, right, and Mexico’s Secretary of Economy Ildefonso Guajardo Villarrea, deliver statements to the media during the sixth round of negotiations for a new North American Free Trade Agreement in Montreal in January 2018. THE CANADIAN PRESS/Graham Hughes

What if Trump kills NAFTA? Remedies for Canada and Mexico

Donald Trump has described NAFTA as the worst trade deal ever signed by the United States. As NAFTA talks continue, here’s what Canada and Mexico can do if the unthinkable happens.
Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick)

Rebooting Canada’s failed NAFTA strategy

Instead of treating the Trump administration as a campaign adversary, Canada needs to start working with the United States to renegotiate a NAFTA that serves both countries, not regimes like China.
Most of the growing number of jobs in the solar industry have more to do with maintaining and installing panels than manufacturing them. only_kim/Shutterstock.com

Better ways to foster solar innovation and save jobs

The Trump administration can boost domestic solar panel manufacturing without slapping duties on all imports.
The U.S. is slapping tariffs on China-made aluminum, which could lead to a trade war. AP Photo/Paul Sakuma

Why the US shouldn’t start a trade war with China

Some fear that recent actions against China taken by the Trump administration mean we’re on the verge of a trade war. What would be the cost?
The Canadian lobster industry is now valued at over $1 billion, double what it was in 2010. (AP Photo/Robert F. Bukaty)

Canadian lobster in the pink thanks to European trade deal

Lobster used to be a poor man’s meal. Now it’s the darling of foodies, and Canada’s lobster producers are poised to cash in on sales to the European Union thanks to CETA.
A worker at an auto parts plant in Orion Township, Michigan, lifts coiled steel into place. AP Photo/Paul Sancya

Why Trump’s threat to slap tariffs on foreign steel is a bad idea

The president has promised to put a stop to foreign companies ‘dumping’ steel on US markets. Former President Bush tried the same thing, and here’s what happened.

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