Canada’s premiers visited Washington this week to make the case for open trade, but influential figures in the president’s circle see tariffs as the path to prosperity.
Another week, and another round of tariff threats and annexation suggestions from President Trump.
It began with the announcement of a policy imposing 25 percent tariffs on all steel and aluminum imports. In Canada’s case, those tariffs would be stacked on top of the previously introduced 25 percent tariffs on most Canadian exports, which are in a 30-day holding period. If Mr. Trump follows through on both, the rate on steel and aluminum will be a staggering 50 percent.
