The only reason America will feel significant pain from our own tariffs on Canada is because without it, the tariffs on Mexico are voided as Canada has free trade agreement with mex that would make black market proxying through Canada trivial. I suspect that's what this is really about, Canada has to be in lockstep or themselves tariffed for the Mexico tariffs to be persuasive upon Mexico. Otherwise cartels just route white market goods to Canada under shell companies and then to us at no tariff.
The Canadians should find some other way to punish us than cutting off their nose to spite their face imo. A tariff is totally unpersuasive especially in light of the comparative trade dynamics.
I think it’s prudent to see what damage the actions of Canada, Mexico, and China can do with regards to economic retaliation and if they need to iterate accordingly.
The only reason America will feel significant pain from our own tariffs on Canada is because without it, the tariffs on Mexico are voided as Canada has free trade agreement with mex that would make black market proxying through Canada trivial. I suspect that's what this is really about, Canada has to be in lockstep or themselves tariffed for the Mexico tariffs to be persuasive upon Mexico. Otherwise cartels just route white market goods to Canada under shell companies and then to us at no tariff.
The Canadians should find some other way to punish us than cutting off their nose to spite their face imo. A tariff is totally unpersuasive especially in light of the comparative trade dynamics.