Let’s do tariffs this way instead
So, let me get this straight. Donald Trump believes that American consumers can afford and are willing to pay 10 to 25 per cent more for imported aluminium/steel because these higher prices will stimulate the production of aluminium/steel that is necessary to strengthen national security.
Instead of furthering mutual punishment via countervailing tariffs, why doesn’t Canada lead the G6 in helping Trump by pushing our producers to increase prices by that 10 to 25 per cent on deliveries to the U.S market?
We know that Trump is a zero-game player, but this would truly be a win-win-win-win: Trump accomplishes the same price increase in pursuit of strengthened national security; Trump, the champion of tax-cutting, avoids the embarrassment of back-door taxation via tariffs; Canadian producers get a nice temporary bump in prices to at least partially offset temporary lower volume; Trudeau avoids punishing Canadian consumers via a tired old me-too tariff war that proved itself wrong almost 100 years ago.
John Morris Ottawa