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Trump’s Tariffs: A Good Idea?

Most of us have heard about the high tariffs that U.S. businesses pay to Canada for the export of dairy and (some) meat products to that country. It is absolutely true that Canada can impose astronomically high tariffs, such as these: milk 250%, butter 290%, whey 208%, cheese 240%, poultry 238%, and some animal meat 265%. However, effective rates can be higher or much lower.

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