A U.S. tariff is an import tax, ultimately paid by U.S. consumers, as importers cannot absorb much, or any, of the tax. Likewise, a Canadian tariff is an import tax ultimately paid by Canadians. President Donald Trump’s threats of 50% tariffs on goods we purchase from Canada have turned into reality. Canada decided to tax Canadians […]
A U.S. tariff is an import tax, ultimately paid by U.S. consumers, as importers cannot absorb much, or any, of the tax. Likewise, a Canadian tariff is an import tax ultimately paid by Canadians. President Donald Trump’s threats of 50% tariffs on goods we purchase from Canada have turned into reality. Canada decided to tax Canadians […]
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